07 Sep '12, 3pm

Wind industry urged to adopt a networked approach to deal with slowdown and boost innovation

“We strongly believe that a networked approach is the only way to move the wind power business to the next level with world-class expertise, agility and speed,” Mäkinen said in a statement published today by the supplier of megawatt-class permanent magnet generator and full-power converter packages . The adoption of an industry-wide networked model would overcome “the rigidity of the vertical integration that still stifles the entire industry”. The fallout from the global economic downturn has been significant for the wind industry, with the market experiencing a general slowdown alongside a geographic shift from Europe and the US towards China and emerging markets, Mäkinen explained. Vertical integration, he says, has made it difficult for the sector to adjust rapidly to this and maintain a high level of innovation. However, “We’re finally seeing signs of this industry op...

Full article: http://www.renewableenergyfocus.com/view/28074/wind-indus...

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