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China emerged as a major exporter of wind turbine nacelles during 2011–20, a significant shift from the prior decade when almost all Chinese production was sold domestically. Both China-headquartered and Western original equipment manufacturers (OEMs) increased nacelle exports from China
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Chinese wind turbine exports increased from $2.9 billion in 2017 to $7.2 billion in 2021, including a $2.2 billion increase from 2020 to 2021. The rise in exports reflects the increasing competitiveness of Chinese original equipment manufacturers (OEMs) in foreign markets, Western OEMs exporting...
Persistent link: https://www.econbiz.de/10013290670