Photo: EPA

Vestas, a Danish company that produces wind energy equipment, has suspended the construction of its largest plant in Poland. About writes Financial Times.

Vestas is a leading European wind turbine manufacturer. The company announced its intention to build a blade manufacturing plant near the Polish city of Szczecin, not far from the Baltic Sea coast, last year.

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The company was scheduled to launch in 2026. However, the Danish group has now decided to suspend the investment "due to lower than expected demand for offshore wind power in Europe."

Turbine manufacturers such as Vestas usually seek to ensure demand before investing heavily, the FT notes. However, any withdrawal of European manufacturers from their core market could open the way for Chinese competitors to grab market share.

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Vestas has already invested in Poland by building an assembly plant for nacelles, which house the most important components of turbines, and buying a company that produces blades for onshore turbines.

The plant in Szczecin was to become the company's largest Polish project to date. It was planned to produce blades for Vestas' flagship offshore turbines, each of which could generate 15 MW.

The first such turbine was installed in July at Baltic Power. Baltic Power's first Polish offshore wind farm, scheduled to be launched in 2026, will consist of 76 such turbines. With a capacity of 1.2 GW, it will be the largest offshore wind farm in the European Union.

Poland wants Baltic Power and other large-scale projects to provide 18 GW of offshore capacity by 2040, which is about half of Europe's current total capacity.

  • Another Danish company, Ørsted, the world's largest developer of offshore wind turbines, recently announced plans to withdraw investments from the US and reorient them to Europe and some regions of Asia.
  • This happened after the intervention of the administration Donald Trump Ørsted had to suspend the construction of an almost finished offshore wind farm in the United States.
  • Due to the difficulties in doing business in the US, Ørsted will be out of business by 2027 plans to reduce 2000 jobs, or a quarter of its staff.