Vestas Targets Chinese Wind Market With Local Sourcing, New Turbine Models
Declaring China “a very attractive and interesting market,” the world’s largest wind turbine manufacturer is planning more local sourcing and new turbine models to accommodate varying wind conditions across the country.
Vestas Wind Systems will “look at much more tailored service offerings toward different customers with different needs,” Chief Executive Officer Anders Runevad told Bloomberg.
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“Vestas is facing an uphill battle in China where local turbine makers dominate,” Shen writes. “To make inroads in the onshore wind market, the Aarhus, Denmark-based company plans to make its V110 and V100 models for low- and medium-wind sites,” while keeping a close eye on developments in offshore wind.