Senvion chief: The major wind turbine manufacturers are watching us

Competitors of what is probably Senvion's most attractive business division are smelling blood, while project developers are obliged to pay the German company's subsuppliers to install wind turbines. Despite its application for bankruptcy protection, interest in the manufacturer remains large, says CEO.

by MAZ PLECHINGER

Senvion's future remains unclear. Even though the German wind turbine manufacturer closed the widest gaping hole in its finances last week, with a short-term loan of EUR 100 million, it has not yet annulled its application for bankruptcy protection submitted in early April.

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Senvion files for bankruptcy protection
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Senvion pulls out of 30 markets
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