wind industry

China’s biggest wind companies squeeze rivals out of record boom

China’s top three wind turbine makers consolidated their hold on the nation’s domestic market last year, squeezing out local and foreign rivals as installations surged to a record.

Soaring costs and rising interest rates are worsening a crisis in the offshore wind industry, which is vital to slowing global warming.

BP says US offshore wind industry broken

The US offshore wind industry is “fundamentally broken” due to cost pressures and permitting delays, according to a top executive at BP.