Tuesday, January 24, 2012

China’s Goldwind Expanding in U.S. as Rivals Cut Back

The second largest wind turbine manufacturer in China is picking up market share in the US. The article attributes this gain to a failure of the US government to extend an otherwise soon-to-expire production tax credit on wind energy. Indirectly, the article also suggests that Goldwind's turbines may be increasingly competitive with established turbine makers like Vestas and GE.

What I found interesting was the apparent multinationality of the company's operations and manufacturing. The towers and a majority of the blades come from US companies, and the company hosts a research and development team in Germany.


No comments:

Post a Comment