How large is the global wind market, and who are the main competitors?
I believe we installed 4,500 megawatts last year, and that’s about $5.5 billion in sales. The Danes have about 60% of the market. The other players are mostly German, but they only supply their home market. Enron is the only American manufacturer left, but its operations are concentrated in Germany and have taken a Danish approach to technology. NEG Micon used to be larger to us, but we have now jumped ahead. Q: Are you worried of suffering from the stock crash in technology shares? A: Going public was a natural development for us. We are now one of the top 10 companies traded on the Danish exchange. I like it. It’s an expression of interest in our company. Yes, our shares have risen fast, and our market capitalization is about $6 billion. There are high expectations. But until now, we have lived up to these expectations, which is why our share price has been maintained. Q: Aren’t you frightened that General Electric, ABB, and other big manufacturers could enter the market? Hasn’t ABB
Related Questions
- The pollution abatement market for coal-fired plants is very large and must have attracted a number of competitors. Who is Airbornes competition and why is the Airborne Process™ superior?
- There are many monitoring utilities on the market, what are the main differences between IntraSpy and its competitors?
- Can I trade with Global Forex Market if I am not using my main computer?
