A German company picking a Chinese wind turbine maker over a European one could increase trade tensions, maybe even leading to a tariff war.
A recent announcement by the German wind farm developer Luxcara that it is picking a Chinese equipment manufacturer for its upcoming site has caused a storm in Europe. This pivotal moment could define the direction the European Union’s plans for green transition take over the next few years.
This is an unprecedented move given that Europe-based equipment manufacturers have powered the EU’s push for renewable energy from wind farms. GE, Vestas, and Siemens have manufacturing facilities in Europe and regularly supply both onshore and offshore turbines to meet the increasing demands in Europe.
Energy &Amp Environment EU Wind Energy Wind Turbine
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