Wind group Vestas' cost-cutting strategy is on the right track

Transporting components by rail rather than road will generate huge savings

Transporting components by rail rather than road will generate huge savings

The component-focused cost-reduction strategy brought in after Vestas suffered "above-target" development costs on its V112 and 2MW turbine platforms has boosted earnings by more than €30m ($38.4m) in the first year.

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