14/08/2018at 13:48

Tight interim reports from German wind firms point toward further consolidation

The crisis is far from over for the medium-sized German wind turbine manufacturers Nordex and Senvion. In their H1 interim reports, both have informed investors of poor results regarding low activity levels and an ongoing price squeeze. The question is, how long can these companies remain independent?

by SØREN SPRINGBORG

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Senvion remains in deficit
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Nordex continues decline in Q2
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Innogy sells its stake in British offshore wind farm
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