Wind sector battle heats up

The world's leading wind turbine makers are set to fight a fierce battle in the US and emerging markets. And while there are parallels to the solar sector, this battle will be much more even.

European and Chinese wind turbine makers are poised to do battle away from their domestic markets as the focus in the €60 billion euro ($A85 billion) industry shifts to North America, Brazil and India.

Hit by overcapacity and plunging prices in Europe and China's saturated markets, manufacturers of wind turbines are under pressure to find new areas of growth to boost single-digit profit margins.


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