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Report: Vestas blown off wind market top spot by GE

2013-03-27 01:07:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Vestas may have lost its lead in the global wind market, although industry studies disagree whether the Danish manufacturer has been overtaken by GE. A report by Navigant Consulting said GE had grown to take 15.5 per cent of the worldwide market, edging out Vestas on 14 per cent from its 12 year reign as number one. Yet Danish research house Make Consulting listed Vestas at 14.6 per cent compared to GE's 13.7 per cent, while both studies placed Siemens in third. GE has benefited from a huge...

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Category:Electronics and Electrical

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