MingYang 'plans German wind turbine factory' in Chinese first in Europe
Manufacturer aims to start work on plant within three years, senior executive is quoted saying
MingYang Smart Energy is said to be planning a wind turbine production plant in Germany, in what would be a first for a Chinese OEM in a European market dominated by local players.
If it is built, a MingYang factory in Germany would mark a major stepping-up of Chinese ambition in the European market, and a reversal of the situation that has for years seen European wind OEMs set up plants in China in the hope of capturing market share there.
Spanish-German OEM Siemens Gamesa CEO Andreas Nauen was recently quoted saying the company will halt its onshore wind sales operation in China, with its production base there to be focused on exports.
Guangdong-based MingYang is among a clutch of Chinese manufacturers tipped to benefit from massive growth on- and offshore, as China pursues renewable energy targets that include 1,200GW of wind and solar installation by the end of the decade.
Chinese manufacturers’ presence in Europe has so far been limited to R&D centres, but MingYang and peers such as Goldwind and Envision Energy are likely to see strong growth potential in the European sector as they ramp up their machines to win business in a fast-growing market at home.
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