Sinovel profits plunge 73% on falling turbine orders and prices

China’s Sinovel says its sales income halved during 2011 on fewer wind turbine orders and lower selling prices, driving profits down by 73%.

Sinovel has developed 5MW and 6MW turbines as it moves to larger models
Sinovel has developed 5MW and 6MW turbines as it moves to larger models
Published 11 April 2012, 09:20Updated 23 September 2016, 11:34