News
Wind-turbine orders fell 50% in first half of 2009, MAKE says
Wind turbine makers around the world reported 50 percent fewer orders in the first half of 2009 than a year earlier and the market won’t improve until the last three months of the year, an industry consultant said.
Manufacturers have made “widespread” job cuts and prices for turbines in Europe and the U.S. have fallen 5 to 25 percent in the same period.
July 3, 2009
by Christian Wienberg
in Bloomberg
Wind turbine makers around the world reported 50 percent fewer orders in the first half of 2009 than a year earlier and the market won’t improve until the last three months of the year, an industry consultant said.
Manufacturers have made “widespread” job cuts and prices for turbines in Europe and the U.S. have fallen 5 to 25 percent in the same period, according to a research-note excerpt posted today on the Web site of MAKE Consulting.
Wind turbine producers, including leaders Vestas Wind Systems A/S and General Electric Co.’s energy unit, face delays and cancellations as banks hesitate to... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.