The fast and damaging decline of wind turbine prices that has troubled the wind industry in recent years has stopped, José Luis Blanco, chief executive of the Nordex Group, told Recharge.

“We see that the rapid decrease in prices has come to an end. They are stabilising ,” Blanco said in an interview.

“We have highly-competitive new products tailored for volume as well as for growth markets, and we are positive that we, and the industry, can expect better prices in the coming years.”