Chinese wind turbine manufacturer Mingyang is planning to invest $2 billion in a factory in Scotland to produce offshore wind turbines. The plan could put pressure on both Vestas and Siemens Gamesa, although the factory has not yet received regulatory approval. A new competitor that could deliver offshore wind turbines locally in Europe from 2028 would increase European customers' choice, says Deepak Chinnapa, director of renewable energy consultancy Brinckmann Group. Vestas and Siemens Gamesa currently have a de facto duopoly in Europe after US GE Vernova temporarily withdrew from the market last year. This is reported by Recharge News.
- Mingyang could fill that void, says Deepak Chinnapa, director of Brinckmann Group.
Especially the large British offshore wind tenders in 2026 and 2027 may be affected, as both Vestas and Siemens Gamesa, according to Brinckmann, have limited opportunities to invest in increased production in the UK. However, Mingyang faces significant challenges. Tensions between the West and China as well as warnings from the US government to the UK may make it difficult for Mingyang to access the market. According to Chinnapa, geopolitical considerations will be crucial for the development.
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