Dongfang Electric, which also makes gas turbines and nuclear equipment, was once one of China’s biggest makers of wind turbines. But it fell to fifth position last year, as its installations dropped more than 60% from their 2010 level to less than 1GW.
In an online discussion with investors, the Hong Kong-listed company revealed that its wind turbine sales had dropped by around 3% in the first half of this year to 3.4bn