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Wind turbine growth to slow as market looks east: BTM

Mon, 03/26/2012 - 9:23am
Reuters

COPENHAGEN (Reuters) - The world's top wind turbine maker Vestas shed market share in 2011 in a global sector forecast to grow much more weakly in the next five years.

Vestas's Chinese rivals again grabbed four spots among the world's top 10 players, according to Danish consultancy BTM Consult which blamed government austerity measures for the cut in its industry growth rate outlook by one third compared with 2011.

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