Just one unconditional order was made for offshore wind turbines in H1, three less than the same...


Just one unconditional order was made for offshore wind turbines in H1, three less than the same period in 2011. The financial crisis has curbed lending, while delays in connecting existing farms to the grid have prompted utilities to hold off on new projects. Those losing out include Siemens (SI), which has suffered writedowns on offshore projects, and GE.

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Comments (2)
  • doc47
    , contributor
    Comments (1736) | Send Message
     
    First, Wind power is what, maybe 1% of GE? Second, were there any 'conditional orders'? Seems like a non-issue to me.
    17 Jul 2012, 01:00 PM Reply Like
  • maudie
    , contributor
    Comments (488) | Send Message
     
    It doesn't matter if it's a money losing subsidized unreliable energy source if it makes me feel better about myself and superior to you. BTW, how's Ge's Aurora, CO solar plant coming along that Immelt just announced less than a year ago?
    http://onforb.es/NvCMtw
    17 Jul 2012, 01:00 PM Reply Like
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