Vestas returns to profitability in Q3 2023
Vestas’ revenues for Q3 2023 were €4.35bn, up 11.2% from €3.91bn in the same period of 2022.
09 November 2023
09 November 2023
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Vestas’ revenues for Q3 2023 were €4.35bn, up 11.2% from €3.91bn in the same period of 2022.
The two projects will generate more than 2GW of clean energy, enough to power 2.5 million homes.
The Philippines Department of Energy (DoE) decided on the project under its fourth open and competitive selection process.
White & Case advised on deals worth $15.8bn to lead by value, while Kirkland & Ellis advised on 19 deals to lead by volume.
The financing from UKEF will result in UK manufacturing and service export contracts valued at more than £130m.
The Al Henakiyah solar plant will generate enough energy to power 190,000 Saudi households.
UBS advised on $17.1bn of power deals to take the top rank by value, and PwC topped the list by volume after advising on 14 deals.
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The Chinese government holds nuclear power to be a key instrument in achieving clean energy. During their 13th Five-Year Plan period from 2016 to 2020, China built 20 new nuclear power plants with a total capacity of 23.4 GW. In the current 14th Five Year Plan period the government has set targets to achieve 70GW of nuclear power capacity by 2025. The government has no plans to phase out or phase down nuclear power plants and there are over 17 nuclear power projects under construction.
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