Vestas Wind

Denmark-based wind turbine manufacturer Vestas Wind Systems A/S (OTC: VWDRY.PK) said Saturday it has won a contract to supply 34 V90 3-megawatt (MW) turbines to a 102 MW wind energy project in Tehachapi, California, owned by Brookfield Renewable Power and Coram Energy Group.

The March 11 earthquake and tsunami off Sendai, Japan -- and the resulting nuclear disaster at the Fukushima Daiichi nuclear power plant -- transformed a strong performance for Q1 equities markets into a gangbusters performance. Renewable energy stocks -- especially wind and solar power companies -- were huge beneficiaries of investors betting that these sectors will fill the void created by a flight from nuclear. 

Your grandfather told you that a penny saved was a penny earned. Today we are featuring a handful of very large companies that have earned hundreds of millions of dollars by saving their customers equally huge amounts on energy costs: Honeywell International Inc.

Last year, the world's largest wind turbine manufacturer, Vestas Wind Systems (CPH:VWS), missed its full year revenue targets by about 500 million euro and watched its shares slide.

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