Chinese wind turbine-makers move into Europe as trade tensions flare
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 19 2024
0mins
Source: reuters
Chinese Wind Turbine Market Entry: Chinese wind turbine manufacturers have secured their first order in Germany, raising concerns within the EU about potential threats to local industries due to competitive pricing and incentives offered by these companies.
EU Investigation and Local Production Needs: The European Commission is investigating whether Chinese firms benefit from unfair subsidies, while industry experts emphasize the necessity for local production facilities in Europe to ensure effective maintenance and support for the growing demand in wind energy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
