FRANKFURT, Feb 8 - Vestas is betting on
geared wind turbine technology to meet the ambitious profit - margin target it promised when it reported quarterly results on Wednesday.
Not exact matches
These efforts to dominate renewable energy
technologies raise the prospect that the West may someday trade its dependence on oil from the Mideast for a reliance on solar panels,
wind turbines and other
gear manufactured in China.
Geared technology, meanwhile, largely used for the onshore
turbines which currently makes up the bulk of installed
wind power, does not use permanent magnets.
«There are synergies from several GE businesses, in areas such as plastics, transportation
gearing applications and power controls, that can be applied to
wind turbine technology.