Wind Turbine Market Slowdown
It seems that even the wind turbine industry isn’t immune to the recession. What started off with great promise has now slowed to a crawl. A capacity bubble in the wind turbine industry combined with lower natural gas prices has all contributed to stalled growth.
Things are predicted to get worse for the wind turbine industry before they get better. However, it’s not all doom and gloom. Various cost control measures, which include leaner supply chains and advancements in the automated manufacturing, may eventually provide a needed boost.
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Filed under Wind Turbine by on Jun 17th, 2011.
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