Goldwind is ready for even lower prices

The price squeeze will continue for some time yet, and it will require a strong focus on management and control, says Chinese player Goldwind.

Photo: Goldwind

Despite a large price decline, the wind turbine market has not hit the bottom in recent years, says David Sale, the recently-appointed head of the Chinese wind turbine company Goldwind in the US.

"In terms of wind turbine prices, we have not seen the lowest levels that we will see," he said to Ritzau Finans during a wind turbine conference in the US.

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