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Wind Turbine Manufacturers Face Challenges From Rapid Growth and Technical Issues

  • Siemens Energy, GE, and Vestas are struggling to keep up with strong demand for wind power, leading to financial difficulties.
  • Chinese wind companies are dominating the world's largest wind market due to state support.
  • However, wind power is still promising overall because governments want to increase renewable energy.
  • Asia, especially China, makes up most new wind power, but many areas, like Europe and North America, also contribute.
  • Compared to solar, wind power is growing more evenly around the world, giving more chances for international companies to expand.
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