Green Street: Plenty to come as shake-up in wind gets going

Analysts have been predicting consolidation in the wind turbine industry for years. Developments in the past 12 months have included the disappearance of Clipper, and the downsizing of home-country operations by Vestas and Gamesa.

But now, things are speeding up. A few days ago, Suzlon announced the sale of its Tianjin factory to China Power (Tianjin) New Energy Development Company. It had already closed subsidiary REpower’s Baotou factory last year.

On the same day, Vestas revealed it was phasing out its sub-megawatt machines and closing its factory in Hohhot, China, axing 300-350 jobs.

Neither company is finished in China, though.

Suzlon says there was little value to be had in the 2MW segment — both its and REpower’s factories produced turbines of that capacity. China’s market is moving…

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