GE grabs 22% share of Brazil's wind-turbine market

05/20/2011 | News-Times (Danbury, Conn.), The

General Electric's ability to build a large amount of wind turbines has allowed it to capture the biggest share, about 22%, of Brazil's wind-turbine market, said Marcelo Prado, the company's director of marketing for Latin America. Argentina-based Industrias Metalurgicas Pescarmona comes second with 20% of the market, followed by Wobben Windpower with 14%, according to figures from Bloomberg New Energy Finance. GE might increase its wind-turbine manufacturing capacity in Brazil, depending on the number of new orders, Prado said.

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