Vestas shelves Polish turbine plant amid weak European demand, FT reports

The Financial Times reported that Vestas, a Danish wind turbine manufacturer, has shelved its plans to build its largest factory in Poland due to a lack of demand on its main European market.

The report could not be verified immediately. Vestas has not responded to the request for comment.

Vestas announced plans to build a second offshore wind farm in Poland last summer. The factory was to produce blades in 2026 and create over 1,000 jobs.

The company informed the FT that investment in the facility had been suspended "due to a lower than expected demand for offshore winds in Europe".

In August, the Polish President Karol Nwrocki

vetoed

A bill intended to relax rules for the construction of onshore wind farms. A week

The Prime Minister Donald Tusk told reporters the country will "radically increase the onshore wind capability." He also said the government is working on a solution to allow wind turbines that are more efficient to be installed in existing wind farms.

In Poland, renewable energy is increasing at the expense coal-fired electricity. However, the latter still dominates. By 2024, almost 30% of Polish power will be generated by renewable sources.

(source: Reuters)