The Finch Formerly Known As Gold

28 February 2008

Twisting in the wind

Denmark's Vestas Wind Systems is the world's largest manufacturer of wind turbines, and while competition is increasing, so is their business:

Despite the Feb. 27 [stock] slump, Vestas shares are up 90% over the past 12 months due to growing demand for wind energy that could drive 20% annual growth for the industry from now until 2020.

Which, one hopes, will bring them enough money to figure out what induced the brake failure that caused this 60-meter turbine in Aarhus to disintegrate. [Link includes video.]

(Hat tip: Mel.)

Posted at 3:09 PM to Dyssynergy