Not easy-breezy: Wind power Giant Lays off hundreds as sector struggles

By Douglas McIntyre  •  December 13, 2024

Douglas McIntyre, editor-in-chief of Climate Crisis 24/7, reports that Vestas, a major wind turbine manufacturer, has laid off hundreds of employees, highlighting the struggles facing the wind energy sector. High costs, expensive leasing and challenges like bird strikes have put the sector into hard times and, with companies like BP and Shell pulling out, the industry is set to face setbacks for years.

  1. Finding a fiduciary financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 financial advisors that serve your area in 5 minutes.
  2. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Get on the path toward achieving your financial goals!
More from ClimateCrisis 247