Denmark eyes wind energy market in Turkey for trade and investment

09 May 2010, Sunday ABDULLAH BOZKURT COPENHAGEN

While Danish company Vestas is the world’s biggest wind turbine manufacturer, state-owned DONG Energy operates a 209 megawatt (MW) offshore wind farm called Horns Rev 2 in the North Sea. DONG also plans to build larger wind farms, one with a 400 MW power capacity and another with a 630 MW capacity.

Today there are close to a thousand companies actively working in clean-tech industries, offering employment to 60,000 people. “A large proportion of these companies are extremely reliant on export markets — with export ratios at more than 90 percent,” said Hermansen. Though the largest market is the European Union, 20 percent of Danish products go to non-EU countries. The export of energy and environmental technologies was worth 8.6 billion euros in 2008 and is expected to be over or around the same ballpark figure for last year as well. Read more…

***

Stephen Whipp and Manulife Securities Incorporated (Manulife) do not make any representation that the information in any linked site is accurate and will not accept any responsibility or liability for any inaccuracies in the information not maintained by them, such as linked sites. Any opinion or advice expressed in a linked site should not be construed as the opinion or advice of Stephen Whipp or Manulife. The information in this communication is subject to change without notice.