New Energy
Chinese Wind Firm Ming Yang Doubles Down on Europe After UK Snub
Wind turbine blades at a Ming Yang plant in Inner Mongolia, China.
Photographer: Qilai Shen/BloombergMing Yang Smart Energy Group Ltd., a major Chinese maker of offshore wind turbines, aims to finalize a European site for a factory by June, after the UK rejected its plan to build a plant in Scotland.
“We will not be affected by the development in the UK as we are pushing ahead our European strategy,” the company’s Chairman Zhang Chuanwei said in an interview this week. He added the company would pick a location within the first half or “no later than this year.”