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Bumper last quarter as Vestas ends 2023 with 17GW order haul - Recharge

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Bumper last quarter as Vestas ends 2023 with 17GW order haul | Recharge

Global wind giant Vestas closed the year with just under 17.1GW of orders in the bag after a bumper fourth quarter.

The 2023 total – which does not include unannounced orders from the final quarter – was well ahead of the 11.2GW it booked in 2022 and back to levels last seen in 2019 and 2020.

The Danish group’s strong end to the year – it posted 6.94GW

Related Knowledge Center: ENERGY BASICS: hydropower

State of Play

Hydropower — electricity generated by turbines capturing energy from moving water — was for many years the primary contributor of renewable energy to the U.S. electricity grid. Its growth was rapid into the 1970s, and since then has offered a stable supply of power, while a declining share of all generation. For many years, hydropower was seen as clean energy and an unalloyed good, but a greater understanding of the impact of dams on ecosystems and wildlife has led to the removal of some dams. As of 2019, hydropower trails wind as a renewable source of power generation.

More informationabout ENERGY BASICS: hydropower