“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.”
Vestas sees wind, solar and storage technologies combined in hybrid plants as complementary to one another. Electricity from solar and wind farms can be saved for later, replacing the need for fossil fuel to plug the gaps at night or when the air is still.