Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Friday, September 19
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » Finance » Vestas Reports Losses in Q1 2024 Amid Turbulent Market Conditions
Finance

Vestas Reports Losses in Q1 2024 Amid Turbulent Market Conditions

By Benjamin DavisMay 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: Vestas
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Vestas reported a setback in the first quarter of 2024, as the renewable energy giant grappled with a decline in revenue and sustained losses, echoing challenges faced by the broader wind turbine industry. The Danish company disclosed that its earnings before interest and taxes (EBIT) before special items plummeted to a negative €68 million, equivalent to

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Apple Danish Offshore Vestas Wind
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleOrsted’s First Quarter EBITDA Surges, Driven by Offshore Wind Earnings
Next Article RES Proposes Revised Plans for 30MW Magheralin Solar Farm in Northern Ireland

Related Posts

Iberdrola-Led Consortium Wins Rights for 375MW Offshore Wind Farm in Japan

March 22, 2024 Wind Energy

Vestas Sells Stake in Lake Turkana Wind Power Project

February 19, 2024 Wind Energy

BP’s Gas and Low Carbon Energy Business Reports Decline in 2023 Profits

February 7, 2024 Finance

Fitch Ratings Shifts Outlook for Ørsted to Negative Amidst Challenges in US Offshore Wind Ventures

November 4, 2023 Finance

Correll Group Secures Contract for Offshore Cable Services in Danish Wind Farms

June 5, 2023 Wind Energy

Vestas Wind Systems Unveils Impressive V236-15.0 MW Offshore Wind Turbine

April 24, 2023 Wind Energy
Latest Post

Qair Advances Eolmed Floating Wind Project as Offshore Installation Begins

September 19, 2025

Iberdrola to Sell Hungarian Wind Business for €171 Million

September 19, 2025

DEME Orders New Offshore Construction Vessel to Boost Cable Installation Capacity

September 19, 2025

U.S. Interior Department Reconsiders Permit for SouthCoast Wind Project

September 19, 2025

SSE Seeks Approval to Extend Life of Irish Wind Farm by 20 Years

September 19, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?