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Chinese Offshore Wind Market Stagnating, Disappointing Investors

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The Chinese offshore wind market has scarcely grown since Siemens opened a 35 million-euro [US $47 million] blade manufacturing facility in Lingang, China, in 2010, said Michael Hannibal, the head of Siemens’s offshore wind power unit.

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Chinese Offshore Wind Market Stagnating, Disappointing Investors

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