Wind energy manufacturers' challenges - Using turbulent times to become fit for future
The times for wind turbine manufacturers are tough. But the crisis is expected to be only a brief calm for the wind market. The long-term growth trend is still intact with 17% growth per year predicted until 2012. But there are many challenges ahead. Manufacturers have to use this lull to address these challenges and become fit for the future.
"The crisis has brought a calm to the wind industry," says Manfred Hader, Partner at Roland Berger Strategy Consultants. "But the long-term growth trend is still intact with forecasts of 17% growth per year until 2012." The reason for this is that there are ambitious government goals to increase the renewable energy share in the core markets, such as the US, Europe, China and India.