EU Wind Industry Tells Germany Chinese Turbine Deal Poses Security Risk
Listen to the full version

(Bloomberg) — Europe’s wind industry has warned the German government that a deal for 16 Chinese offshore wind turbines risks fostering unfair competition for local suppliers and poses a threat to the region’s energy security.
Earlier this month, Luxcara GmbH, the German asset manager, agreed that China-based Ming Yang Smart Energy Group Ltd. would supply the turbines — the biggest model on the market — for its 270-megawatt Waterkant project in the North Sea, due to be installed in 2028.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- PODCAST
- MOST POPULAR