Vestas Expands in Poland to Supply Germany’s Rapid Wind Buildout
Yahoo Finance·2025-12-02 09:30

Group 1: Company Developments - Vestas, a Danish wind turbine manufacturer, will expand its capacity in Poland to meet strong demand for turbines in Europe, primarily targeting the German market [1] - The expansion will include a new production line at Vestas' factory in Goleniow and the hiring of 300 additional workers [1] Group 2: Industry Trends in Germany - Germany is expected to expand its wind turbine capacity by 5.1 GW in 2025, following a 2.2 GW increase in the first half of the year, which represents a 67% year-on-year increase and the highest new wind capacity in eight years [2] - A total of 7.8 GW of new wind energy capacity was approved in Germany during the first half of 2025, marking a record high for any first half of the year and a 55% increase compared to the first half of 2024 [3] Group 3: Regulatory and Economic Challenges - Despite the increase in wind power installations, Germany faces a gap between the rate of capacity expansion and the legally mandated goals outlined in the Renewable Energy Sources Act, with targets not expected to be met until at least 2026 [4] - The CEO of E.ON, one of Germany's largest power utilities, has called for an end to subsidies for wind and solar power, emphasizing the long-term financial implications of fixed feed-in tariffs [5]