Vestas halts mega wind power project in Poland in the face of falling European demand

The lack of certainty in the European wind power market leads Vestas to suspend its largest industrial project in Poland.
Vestas suspende planta eólica en Polonia

The Danish company Vestas has indefinitely suspended its plan to build a wind power plant in Poland, located in Szczecin. This offshore offshore turbine factorywhich was to be the company’s largest and promised to generate more than 1,000 jobs, was to be operational in 2026 and would manufacture blades for its flagship V236-15.0 MW model.

Demand instability affects wind farm in Poland

According to an official statement, the decision is in response to a drop in growth projections for the offshore wind market in Europe. offshore wind energy market in Europe. The company argued that there are neither conditions of certainty nor sufficient volume to justify short-term investment in the region.

The announcement comes at a time when the European wind industry faces logistical, regulatory and financing challenges. While Vestas remains committed to renewable energy, it has indicated that it will prioritize regions where the offshore market is supported by clearer and more stable policies.

Poland and its regulatory framework in transition

The suspension also reflects the lack of alignment between the expectations of the private sector and the decisions of the Polish government. While President Karol Nawrocki vetoed a law easing the development of onshore wind farms in onshore wind farmsthe Prime Minister Donald Tusk declared days later that the country would significantly boost its onshore wind capacity.

Today, around 30% of Polish electricity comes from renewable sources, a figure that has been growing as reliance on coal has declined. However, regulatory uncertainty and political volatility remain risk factors for large infrastructure investors.

Vestas’ global strategy for a challenging market

Vestas has reaffirmed that its industrial investment strategy is focused on establishing production centers where there is predictable demand. The company will continue to evaluate opportunities in other geographies, including northern European countries and Asia, where offshore tenders are more established.

Although the pause in Poland does not imply a definitive withdrawal, it does mark a change of priorities in the deployment of the company’s manufacturing capacity.

Source: Vestas via Reuters