Denmark 's Nordic Wind Systems announced plans to build hybrid renewable energy plants comprised of wind and and / or battery storage . Given predicted tighter competition in the wind industry in the near future and amid ongoing industry restructuring , Vestas has decided to branch out further into solar and storage , CEO Anders Runevad told Bloomberg New Energy Finance . Hybridisation makes sense as the power generation mix continues its tilt towards renewables , particularly in Denmark , he said .
Denmark's Vestas Wind Systems announced plans to build hybrid renewable energy plants comprised of wind and solar/or battery storage. Given predicted tighter margins in the wind industry in the near future and amid ongoing industry consolidation, Vestas has decided to branch out further into solar and storage, CEO Anders Runevad told Bloomberg New Energy Finance. Hybridisation makes sense as the power generation mix continues its tilt towards renewables, particularly in Europe, he said.