"\\r\\n<br><div id=\\"SpecialReportArticle-ArticleBody-6\\" data-module=\\"ArticleBody\\" data-test=\\"articleBody-2\\" data-analytics=\\"SpecialReportArticle-articleBody-6-2\\"><span class=\\"HighlightShare-hidden\\" style=\\"top:0;left:0\\"\\\/><div class=\\"InlineImage-imageEmbed hasBkg\\" id=\\"ArticleBody-InlineImage-106838269\\" data-test=\\"InlineImage\\"><div class=\\"InlineImage-wrapper\\"><div><p>This image shows wind turbines from Vestas in use at a facility in Russia.<\\\/p><p>Valery Matytsin | TASS | Getty Images<\\\/p><\\\/div><\\\/div><\\\/div><div class=\\"group\\"><p><a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/VWS-DK\\">Vestas<\\\/a> announced plans for a 15 megawatt (MW) offshore wind turbine on Wednesday, with the Danish firm hoping to install a prototype next year before ramping up production in 2024. <\\\/p><p>According to the Aarhus-headquartered company, the giant V236-15.0 MW turbine will be able to generate roughly 80 gigawatt hours per year.<\\\/p><p>This, it claims, would be enough to power approximately 20,000 European households, saving over 38,000 metric tons of carbon dioxide in the process.<\\\/p><p>Vestas is the latest company to push forward with the development of a sizeable offshore wind turbine. GE Renewable Energy's Haliade-X can be configured to 12, 13 or 14 MW, while <a href=\\"https:\\\/\\\/www.cnbc.com\\\/quotes\\\/SGRE-ES\\">Siemens Gamesa Renewable Energy<\\\/a> is working on a 14 MW turbine which can also be boosted to 15 MW if required.<\\\/p><p>As technology has developed, the size of wind turbines has increased. In a recent report, industry body WindEurope said the average rated capacity of turbines installed in Europe last year was 8.2 MW, a 5% increase on 2019. Capacity refers to the maximum amount a turbine can produce, not necessarily what it is currently generating.<\\\/p><p>Wednesday also saw Vestas release its annual report for 2020. The firm said its profit for the year came in at 771 million euros ($934 million), a little better than the 700 million euros it reported for 2019. Vestas' revenue in 2020 hit 14.8 billion euros, a 22% increase compared to 2019.<\\\/p><p><a href=\\"https:\\\/\\\/www.cnbc.com\\\/video\\\/2021\\\/02\\\/10\\\/coming-out-of-pandemic-presents-opportunity-on-climate-change-vestas.html\\">Speaking to CNBC's \\"Squawk Box Europe\\" Wednesday<\\\/a>, CEO Henrik Andersen said he was pleased the company was able to operate despite what he described as \\"challenging Covid-19 conditions.\\"<\\\/p><p>The European offshore wind sector <a href=\\"https:\\\/\\\/www.cnbc.com\\\/2021\\\/02\\\/08\\\/europes-offshore-wind-sector-saw-31-billion-of-investment-in-2020-.html\\">attracted over 26 billion euros of investment last year<\\\/a>, a record amount, according to WindEurope.<\\\/p><p>In an announcement Monday, the Brussels-based organization said the cash raised would finance a total of 7.1 gigawatts of offshore wind capacity, with projects set to be developed and built over the next few years.<\\\/p><\\\/div><\\\/div>\\r\\n\\r\\n<br><a href=\\"https:\\\/\\\/www.cnbc.com\\\/2021\\\/02\\\/10\\\/vestas-launches-jumbo-offshore-wind-turbine-to-match-rivals.html\\">Source link <\\\/a>"