Reeves’ China visit raises fresh concerns about planned Mingyang facility
Chancellor of the exchequer Rachel Reeves’ recent trip to China has raised fresh concerns about the role of Chinese companies in the UK’s offshore wind industry.
Chancellor of the exchequer Rachel Reeves’ recent trip to China has raised fresh concerns about the role of Chinese companies in the UK’s offshore wind industry.
Siemens Energy AG (DE:ENR) has told customers it plans to produce its biggest wind turbine, potentially toward the end of the decade, as the company seeks to maintain its lead in one of the fastest-growing energy sectors.
UK Prime Minister Rishi Sunak has been called on to pause and review the developed of a potential turbine facility in Scotland being developed by Mingyang Smart Energy (LON:MYSE).
Chinese turbine manufacturer Mingyang Smart Energy (LON:MYSE) has said that the company is actively exploring international markets despite a fall in its overseas revenue.
Support for a Chinese wind turbine manufacturer has drawn criticism, with commentators warning it could risk undermining Scotland’s energy security.
Global wind turbine orders hit 43 gigawatts (GW) in the second quarter of the year, a new record.