Chief analyst: Vestas could lose market share on discontinued turbine model
GE Renewable Energy will practically be able to vacuum up the US wind market's largest business segment in a matter of years, says Wood Mackenzie's chief analyst. We want accommodate customers' needs, Vestas states.
Around Easter this year, one of the most noteworthy news items from the wind industry was the relative shortage of eggs falling into Vestas' basket. With 1.060 GW in announced order intake for the first three months of 2021, the Danish OEM's order book was the slimmest in six and half years – a volume so modest that it came as a surprise to analysts otherwise closely tracking global market movements.
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