The Zhongshan, China - based
turbine manufacturer plans to raise $ 400 million through an IPO that will allow it to expand development of large - scale windmill technology, Bloomberg reports.
Not exact matches
China has just emerged as the world's largest
manufacturer of wind
turbines and solar panels, and
plans to be the world's biggest builder of nuclear power plants in the coming decade.
Siemens, one of the world's largest
turbine manufacturers, said it
plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs.
GE
Plans to Capture More Wind with $ 1.65 B Acquisition of LM Wind Power, a Global Designer and
Manufacturer of wind
turbine blades
The UK's offshore wind industry has been given a huge vote of confidence this week, after Gamesa, Spain's largest wind
turbine manufacturer, announced
plans of turning Scotland's Port of Keith into a hub for offshore wind energy.
While domestic
turbine manufacturers have mostly been limited to producing
turbines 1.5 MW in size or smaller,
plans have been purchased for larger models and Chinese development of domestic prototypes is beginning.