Not a big surprise: Vestas said that a weak third quarter for wind projects means it will ramp up to its expected Colorado employment level of 2,500 slower than originally thought. From Mark Jaffe at the Denver Post:
“At the moment, the U.S. market is characterized by excess capacity, which results in non-attractive prices and conditions on certain projects,” Vestas said in its earnings report.
“The upgrading of the staff at the new factories in the USA will consequently take place in line with the order intake,” the company said.
