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China’s wind energy capacity ranks top in the world

Reference News DEC.5,2011

According to a document named "Wind Turbine Manufacturing – A Case for Consolidation" by Roland Berger Strategy Consultants, China’s wind energy industry is heading for the new areas. By 2020, the world market will see thorough changes. “Threats are real,” says Manfred Hader, Partner at Roland Berger. “Chinese enterprises have eyed North America and Latin America, now it’s targeting Europe.” “China has become world’s largest wind energy market,” says Hader. “Besides, Asia will have increasing market shares,” Hader predicts.