Published: March 29th, 2022,
Last updated: March 29th, 2022
Low-priced competition from the Far East has already been the downfall of several German industries. Televisions, cameras, solar cells, raw materials for antibiotics, toys. This pattern is so deeply rooted that fears about it quickly flare up. Now, the Chinese government is ramping up its subsidy machinery to pave the way to the EU for its own wind turbine manufacturers. Lush profits beckon in Europe. After all, the huge undertaking of breaking away from geopolitically and climate-politically damaging energy sources is in motion. But all is not lost for companies like Vestas and Gamesa, analyzes Nico Beckert. A 100-meter-long rotor for a wind turbine cannot simply be packed into a container like a solar cell.