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