Rechargereported last week that the bank, which wants manufacturers to fully assemble turbine hubs in Brazil with immediate effect, is also looking to bring nacelle production into the equation in the longer term.
But analysts argue that Brazil’s turbine industry lacks the scale to attract gearbox makers, and that there is already a global oversupply of manufacturing capacity.
MAKE Consulting analyst Brian Gaylord says: “There’s such overcapacity in other markets that manufacturers really don’t have the appetite to open new factories.”
He
