The global wind turbine market continues to undergo structural shifts along the supply chain due to a significant drop in wind turbine orders in mature markets. The resulting overcapacity has implications across the supply chain, challenging component manufacturers, whose strategies were defined in an era of growth and surging demand. Component suppliers across the globe…
Study sees 2010 rebound in wind-turbine growth
Compared to the sharp growth in 2007 and 2008, U.S. wind-power development in 2009 has been severely impacted by the current economic climate, according to Emerging Energy Research, Cambridge, Mass. U.S. wind players must readjust their strategies in the wake of this new competitive environment, it says. The firm’s recent reports says the U.S. wind-power…