The
wind
manufacturing
sector
faces
“stagnating
global
economic
growth,
low
profit
margins
and
waning
government
support”,
MAKE
says
in
its
latest
Global
Wind
Turbine
Supply
Chain
Report.
This
has
led
to
pressure
on
profits
for
both
Western
and
Chinese
manufacturers
and
a
sharp
decline
in
market
capitalisation
for
many
of
the
“pure-play”
turbine
producers.
“As
a
consequence,
the
march
to
shed
lower-value
production
assets
is
in
full
swing,
with
factory
closures
already
materialising
in
China
and
the
US,”
the
analyst
notes.
MAKE
says
that
a
realignment
of
the
wind
power
supply
chain
is
“overdue”.…
