And meanwhile, wind energy pioneer, Vestas is
shelving planned operations in China and the UK, and its stock has taken a massive tumble, and have not had a single order for their planned 7MW turbines.
Not exact matches
While those prices aren't going to cause any existing oil sands
operations to shut down, the muted outlook for commodity prices is already prompting large players to
shelve plans for new projects.
Even Australian windfarm companies such as Infigen and Pacific Hydro have effectively
shelved their Australian
operations, with Infigen saying it
plans to pour all its financial muscle into the more amenable U.S. market.