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Wind turbine maker Vestas to close renewables spare parts platform in cost-cutting move - Windpower Monthly

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Wind turbine maker Vestas to close renewables spare parts platform in cost-cutting move | Windpower Monthly

Wind turbine maker Vestas to close renewables spare parts platform in cost-cutting move

Wind turbine maker Vestas will close down its digital platform for renewable energy services and spare parts, citing the clean energy aftermarket not developing as it had anticipated.

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Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

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