Vestas is in the midst of a courtroom battle in which former executive management is accused of tampering with accounting, causing losses for investors. The manufacturer's opponents include the People's Bank of China, but seeing as Vestas is also trying to conquer a larger part of the Chinese market, this puts the turbine maker in sticky situation, according to assessments, reports Danish media Børsen.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Norway to set up 1,500 floating offshore wind turbines
Norwegian electricity generation must be doubled in the coming years, says Norwegian Minister of Trade and Industry Jan Christian Vestre during the presentation on national offshore wind export venture.
TotalEnergies expands in Kazakhstan through 1GW wind project
TotalEnergies is expanding its renewables business in Kazakhstan by establishing a large-scale wind project and has announced the divestment of share in Dunga oil field.
TotalEnergies to slash UK North Sea investment over windfall tax
The oil and gas supermajor is reevaluating current and planned projects and will cancel approx. GBP 100m of earmarked spending, according to a statement.
Ørsted-funded research project to strengthen Vietnamese offshore wind
Hanoi University of Science and Technology (HUST) and the Technical University of Denmark are set to collaborate as part of an Ørsted-funded research project into Vietnam’s options for additional offshore wind.
Verdo Energy Systems building boiler installation in northern Norway
In collaboration with local supplier, Verdo Energy Systems will expand local district heating in Tromsø through a new 15MW boiler installation.
Head of Fuel Concepts 
Experienced offshore specialist for the green transition 
Manager Solar Asset Management 
Forest- and Nature Technician 
Senior Project Manager to Denmark’s new sustainable electrical trainsets 
Key Account Originator, Global Customers 
Responsible engineer or machinist for critical infrastructure 
ESG consultant for ATP Ejendomme 
Lawyers with an interest in administrative and energy law 
Vice President, Head of Strategy and Business Development 
Business-oriented energy advisor 
Infrastructure Project Managers