Business

Chinese wind companies seek global growth as Western rivals struggle

TARENTO, Italy—Chinese wind turbine manufacturers have experienced significant growth thanks to their rapidly growing domestic market. Now they want to expand overseas, which puts additional pressure on Western wind turbine manufacturers, which are struggling to take advantage of the renewable energy boom.

Ambitions are visible near this coastal city at the heel of Italy’s boot, where Renexia SpA, the renewable energy arm of Italian infrastructure company Toto Holding SpA, recently inaugurated Beleolico, a 30 megawatt offshore wind farm using Ming Yang Intelligent Energy Group Turbines Ltd. last month.


Wj

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button