Europeans and Americans are showing just how serious they are in promoting and using wind energy by fueling big profits for the world’s biggest wind turbine maker.
This article from Forbes.com has more:
Denmark’s Vestas Wind Systems, the largest wind turbine manufacturer in the world, said on Tuesday its sales for the second quarter of 2007 grew 18.6% to 1.1 billion euros ($1.5 billion) year-on-year, up from 900 million euros ($1.2 billion). Its post-tax profit got a five-fold increase, up to 51 million euros ($68.9 million) from 10 million ($13.5 million) a year earlier. Earnings per share grew by over five times year-on-year to 28 eurocents (38 cents) per share from 5 eurocents (7 cents) in the second quarter of 2006.
Strong demand for wind energy in Europe and the Americas, which accounted for 57% and 27% of quarterly sales respectively, also contributed to Vestas’ growth. “Political support, sentiment in general at a public level too, has improved somewhat,” said Gudme Raaschou (Bank)’s Mikkelsen. He added that the popularity of wind energy grew because gas supplies were concentrated in “fairly insecure” countries such as Russia.
The article goes on to say wind energy in stable countries such as Spain and the U.S. has certainly seemed like a much better investment to many investors than some more unstable places rich in un-renewable energy sources.


Investments in ethanol plants are growing across the nation to areas with larger populations, according to a new report, “U.S. Ethanol,” by
Fujitsu is the first high-tech company in California to put in its own hydrogen power plant. The company says it provides clean, efficient power for its Sunnyvale, CA data center and other operations.
Scientists in India are experimenting with a method that could make biodiesel production a whole lot more efficient.
The recent opening of the
Dallas-based
Missouri Governor Matt Blunt has joined the ranks of the chosen few who are test driving the Ford Escape Hybrid. Ford has produced just 20 of its hybrid-electric, flex-fuel Escapes that can run on E85 fuel and Ford Manager Tony Reinhart made the presentation to Blunt last week at the Missouri State Fair. Blunt says the specially-equipped Escape will help promote his Missouri Renewable Fuel Standard, which outlines that all fuel sold in the state will have to contain 10% percent ethanol by January of 2008. The Governor pointed out that Missouri is the fourth state to have such a requirement. The hybrid, flex-fuel also meets Blunt’s executive order that requires at least 70% of new vehicles purchased by the state to be flex-fuel vehicles.