It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot

Israel

The Iran war appears to have supercharged the clean energy transition , providing a catalyst for wind power giants as countries reassess the role of renewables in shoring up energy security. Danish wind turbine maker Vestas reported an unexpectedly large first-quarter profit rise on Wednesday, citing improved execution of its onshore and offshore businesses despite growing political uncertainty. Danish utility Orsted also posted stronger-than-expected profit through the first three months of

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