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World's Biggest Wind Turbine Maker Pivots to Solar and Batteries

  • Vestas sees new revenue in projects with wind, solar, storage
  • Hybrid market expected to be 2 gigawatts in size: Runevad
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The Way Humans Get Electricity Is About to Change Forever

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Vestas Wind Systems A/S will offer solar power and storage, allowing the world’s biggest turbine maker to sell hybrid renewable plants that generate electricity around the clock.

“We broaden the scope to sustainable energy,” Chief Executive Officer Anders Runevad said Wednesday in a phone interview. “We see a fairly rapid increase in interest, people asking for hybrid is growing. That’s definitely in itself a new revenue stream to tap into.”