MHI Vestas doubts larger offshore wind turbines
The turbine manufacturer's departing CEO questions the business model for the much larger turbines that many developers are depending on to construct zero-subsidy wind. A new platform would require massive investments throughout the value chain, he points out.
The countdown has now begun for Jens Tommerup. Last week, MHI Vestas announced that the the CEO was being replaced, in accordance with the schedule set out in the 2014 foundation of the joint venture. MHI has selected the new CEO, Philippe Kavafyan, who will take office when the company officially turns four on April 1.
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