Chinese wind turbine manufacturer Ming Yang Smart Energy Group Ltd. is planning to set up a major manufacturing facility in Germany in a bid to capture a chunk of Europe’s fast-growing renewable power market.
The factory will be able to produce turbines with the power capacity of at least a gigawatt each year, and will also supply components and parts to European buyers, Ming Yang Vice President Ye Fan said in an interview. The aim is to start building the plant, probably in south Germany, within three years, he said.