(EnergyAsia, February 10 2010, Wednesday) — Facing fierce competition from their Chinese rivals and a slump in orders, South Korea’s shipbuilding giants are diversifying into manufacturing wind turbines. Hyundai Heavy Industries Co, the country’s leading shipbuilder, has started up a wind facility manufacturing plant last October. Earlier, it signed a contract to provide US-based Wave…
SOUTH KOREA: Shipbuilders to diversify into manufacturing wind turbines
Posted on February 9, 2010 by EnergyAsia