8 Things to Watch From Vestas and Siemens Gamesa as the Wind Market Prepares for 2020

By [email protected] These are interesting days for the global wind market. Global installations have been falling since 2015, accelerating consolidation in the supply chain, including the high-profile bankruptcies of Suzlon and Senvion.

Although it is growing quickly, offshore wind has not yet achieved the scale to offset this onshore malaise, which is particularly acute in parts of Europe, home to many of the world’s leading wind energy companies.

At the same time, solar PV has achieved a lower levelized cost of energy than wind in a number of markets, and its cost continues to drop more rapidly than wind’s is declining.

This past week,

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