Billion-dollar offshore wind revenues could open Europe's doors to Chinese companies

Money is pouring into state coffers when offshore wind auctions are held these years. But the huge payments could ultimately leave the gate to Europe wide open for Chinese wind turbines.

Wind turbines south of Urumqi in Xinjiang, China. Chinese manufacturers are busy in many parts of the globe. | Photo: Elizabeth Dalziel/AP/Ritzau Scanpix

by VICTOR EMIL KRISTENSEN

Billions in offshore wind revenues risk crushing the backbone of the European wind industry and opening the door wide open to Chinese companies.

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