TITLE

Turbine makers worried about slowdown

PUB. DATE
January 2009
SOURCE
Utility Week;1/16/2009, Vol. 30 Issue 3, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the concerns of wind turbine suppliers over how the credit crisis will affect plans to install turbines to meet renewable energy commitments in Great Britain. Fluctuations of the British sterling as well as high levels of debts reportedly mean that some projects in Great Britain are being delayed or canceled. Richard Andrew Bevan of LM Glasfiber said they are responding to the crisis by looking at reduced sales, but there is also the problem that customers are postponing windmill projects due to a lack of funding.
ACCESSION #
36889109

 

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