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Oversupply Causes Drop in Wind Turbine Prices

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Wind energy, it appears, has never been so competitive. Prices for wind turbines last year dropped below €1 million ($1.36 million) per megawatt for the first time since 2005, due largely to over-capacity, greater manufacturing efficiency and increased scale, according to the market researcher Bloomberg New Energy Finance.

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Oversupply Causes Drop in Wind Turbine Prices

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