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As global wind power sees slowing demand growth, a large wave of consolidation expected

www.cn.reuters.com DEC.26,2011

The global wind power boom is slowly tailing off – especially in Europe. In Europe, the onshore segment in particular is flat. By contrast, China shows the biggest growth potential: between now and 2020, installed wind power output will rise to 20 GW a year. A large wave of consolidation in the wind power industry is therefore likely. These are the findings of a new international study, "Wind Turbine Manufacturing – A Case for Consolidation" by Roland Berger Strategy Consultants. "Growth in the wind power sector will slow down noticeably compared to the boom years of the past," says Manfred Hader, Partner at Roland Berger.