MHI Vestas: US order is a good foothold into the market
The offshore wind turbine manufacturer is celebrating its contract to supply a US project, snatched away from Siemens. However, the CEO is well aware that a contested law could increase the price of offshore wind in the US.
Last autumn, MHI Vestas got its first foothold in the US offshore wind market. Local project developer Leedco had opted for Siemens for test project Icebreaker in Lake Erie, north of the state of Ohio, but subsequently switched to the Danish-Japanese joint venture as turbine supplier.
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