Only big and strong wind turbine OEMs will survive, Siemens board member Michael Sen told a German newspaper earlier this year in what now sounds a prophetic statement.

Just two months later, Germany-based Senvion filed for insolvency under self-administration, a process similar to Chapter 11 proceedings in the US.

Senvion now must quickly find fresh financing or a solvent buyer to prove Sen wrong – and before customers and suppliers dump the loss-making company.