Vestas: The war is over

The turbine manufacturer accuses the competitor of launching a price war on wind turbines and acknowledges that it went too far. However, there are three good reasons that the prices are not facing a fresh decline, says the CEO.
Photo: PR Vestas
Photo: PR Vestas

Over the past two years one key figure has attracted notice when wind turbine manufacturers release their reports: the average price per sold MW, known as ASP. Over a large part of 2017 and this year, the price has declined significantly, until several of the wind turbine manufacturers were able to show signs of stabilization in the latest quarterly reports.

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