Vestas acknowledges increased competition in the US

As the US pie gets bigger and bigger, more parties are seeking a slice, says Vestas CEO Anders Runevad, who highlights how the Danish wind company has increased its market share in the past three years.

Photo: Vestas

For years, the top three wind players in the US faced virtually no competition beyond one other. After the US wind turbine market close-to collapsed in 2013, only GE, Siemens, and Vestas were left standing, which allowed for the trio to benefit immensely from the subsequent revitalization of the market holding an aggregate market share of 95 percent.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs