Analyst: Wind price squeeze is just a small trend

Reports from various wind players, including Germany's Nordex, have been impacted by the squeeze on the Indian market and industry uncertainty. However, this does not mean Vestas will not perform well, says an analyst.
Photo: Frank Boutrup Schmidt/Vestas
Photo: Frank Boutrup Schmidt/Vestas

There is nothing in reports from its foreign rivals to indicate that the Danish wind turbine manufacturer Vestas will be burdened with a price squeeze, according to Michael Friis Jørgensen, Chief Analyst at Alm. Brand Markets, after German wind turbine manufacturer Nordex published its report for the second quarter Thursday morning.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading


See all jobs