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Wind industry transformed: Three global giants squash competition

The wind industry's biggest players keep getting stronger. Increased consolidation is positive for major players like Denmark's Vestas, say analysts.

Photo: Frank Boutrup Schmidt/Vestas

A new era is dawning for the wind industry.

This is the conclusion from consultant agency FTI Consulting after Siemens Wind Power completed its acquisition of Spain's Gamesa in April, cementing the industry's rapid consolidation.

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