Vestas Wind Systems A/S (VWS), the world’s biggest wind turbine maker, said it will cut 2,335 jobs amounting to 10 percent of its staff as it tries to become more competitive with Chinese suppliers. The changes are aimed at saving more than 150 million euros ($191 million) by the end of 2012, the company based in Aarhus, Denmark, said in a statement today. Vestas said another 1,600 posts in the U.S. are at risk as a tax credit supporting the industry expires.
Vestas A/S, the world’s biggest maker of wind turbines in terms of revenues, said Thursday it will lay off around 2,300 employees, mainly in Denmark, because of a market downturn caused by the financial crisis. The company, headquartered in Aarhus, Denmark, said a potential slowdown in the United States could also result in the layoff of an additional 1,600 employees there.
President Obama this afternoon repeatedly emphasized the economic benefits that can be achieved through safeguarding the environment in a brief appearance to thank employees for their work at U.S. EPA headquarters in Washington, D.C. “I do not buy the notion that we have to make a choice between having clean air and clean water and growing this economy in a robust way,” Obama said. “I think that is a false debate.”
President Obama, who has been both applauded and jeered for his record on environmental issues, paid a brief visit to the headquarters of the Environmental Protection Agency in Washington on Tuesday to try to raise spirits at an agency that has been under siege for the past year
Gov. Chris Christie on Monday vetoed a measure that would allow wind turbine development on farmland preserved under a state program designed to protect New Jersey’s agricultural enterprises.
The federal government needs to update the U.S. electric grid and direct more money to clean energy research as part of a plan for making the United States more competitive in coming decades, the Commerce Department said in a report today as Secretary John Bryson cautioned policymakers about a “deeply damaging” trend toward short-term thinking.
The day Maryland lawmakers left Annapolis nine months ago, Gov. Martin O’Malley chided them, saying the legislature had “choked” on his signature environmental initiative: a measure to subsidize development of a multibillion-dollar offshore wind farm.
MidAmerican Energy Co. said Friday that it will build 176 wind turbines with generating capacity of 407.1 megawatts in Marshall, Tama, Guthrie, Audubon and Adair counties by the end of this year. The project was approved in 2009 by the Iowa Utilities Board as part of a 1,000-megawatt request made by MidAmerican
Gov. Andrew Cuomo’s State of the State speech Wednesday included a plan to upgrade the state’s high-voltage electric transmission system so that power generated in upstate New York power plants and wind farms can be moved downstate. Bottlenecks in the transmission system — mainly between Utica and Albany and south of Albany — make it difficult to move electricity to the New York City area. That makes downstate power expensive and it forces upstate power plants to hold back on resources that could potentially create jobs.
Gov. Bob McDonnell rolled out his 2012 energy initiatives on Thursday, proposing $500,000 to promote the development of wind power off Virginia’s coast and knocking the federal government anew for blocking oil and gas development in the same waters.