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Wind turbine orders drop by 30% in early 2012, analyst says
New orders for wind turbines declined by 30% in the first half of 2012, says analyst MAKE Consulting
MAKE says the fall - measured against the same period in 2011 - is due to "regulatory uncertainty in Europe and tightening policy measures in China".
July 26, 2012
by Ben Backwell
in Recharge News
New orders for wind turbines declined by 30% in the first half of 2012, says analyst MAKE Consulting
MAKE says the fall - measured against the same period in 2011 - is due to "regulatory uncertainty in Europe and tightening policy measures in China".
It adds that the decline in orders is consistent with its expectations of a 5% drop in global wind capacity installations in 2013.
The Chinese market saw a 60% year-on-year slowdown in orders, due to a continued focus on connecting existing capacity to the grid. Order intake in India fell because of policy... [continue via Web link]
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