Free press releases distribution network?

More news: Energy
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Wind Energy – The Fall in Orders in 2009 will Affect Revenues in 2010 New Growth Strategies Are Now Essential Says Frost & Sullivan - Due to the strong growth and placement of wind turbine orders in 2008 and the lead time between placing the orders and shipping them out to customers, the top line for wind turbine manufacturers in 2009 has been relatively unaffected
Wind Energy – The Fall in Orders in 2009 will Affect Revenues in 2010 New Growth Strategies Are Now Essential Says Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2009/09/21 - Due to the strong growth and placement of wind turbine orders in 2008 and the lead time between placing the orders and shipping them out to customers, the top line for wind turbine manufacturers in 2009 has been relatively unaffected.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

However, the fall in orders in 2009 will affect revenues of these companies in 2010. Therefore, it is essential for companies to adopt new strategies to keep their margins intact. And some companies have already started taking extraordinary and urgent measures to sustain and accelerate growth in a tough environment.

Frost & Sullivan, the Growth Partnership Company, in addition to the in-house expertise and the regular tracking of the market, has analysed the results of the quarterly statements and presentations of leading wind energy players and has presented the following observations and conclusions.

"Certainly the consequence of the recent slowdown of activity has been a fall in lead times and order backlogs, prices of turbines, freight costs and raw-materials leading to renegotiation of contracts by wind turbine manufacturers with sub-suppliers and in turn sub-suppliers with raw material producers - - observes Frost & Sullivan analyst Gouri Kumar -. To keep their margins intact for next year, it is essential for companies to revisit their priorities and strategies. Some of them have already started working on this and it is interesting to see what they have been doing to keep afloat, grow or adapt strategically to the tough environment".

A number of M&A and JV transactions have been taking place in the industry world-wide. "GE Drivetrain Technologies formed a joint venture with Chongqing XinXing Fengneng Investment in China to produce gear boxes for the Chinese market", continue Gouri Kumar -. This inorganic growth strategy has also been adopted by companies such as South Korean Daewoo Shipbuilding and Marine Engineering, Areva, Chinese XEMC Windpower and Hyundai Heavy Industries".

Other companies are focusing on improving value proposition internally; these companies are fine tuning quality management, supplier auditing, operation and maintenance and training of technical personnel. This strategy reduces capital expenditure per megawatt and also accelerates their value proposition.

One strategy that can be expected is a greater emphasis on the bottom line by shutting down factories or cutting down on shifts in terms of working hours of labour especially in regions where new orders are expected to fall below boom levels. Recently Vestas refocused its activities and manufacturing in higher growth areas like the US and China, and shut down factories in low growth areas like the UK and Denmark. LM Glasfiber also downsized in order to maximize its presence in higher growth areas.

Finally, there are companies like Gamesa that are taking the situation of less demand and slower growth rates as an opportunity to diversify and re-define their priorities. In order to move away from being a full scale developer and focusing more on closing stage sales, Gamesa formed a venture with Iberdrola. This brought their businesses together to develop wind farms. Using the lag in this market to refocus priorities is another successful strategy.

To receive a complimentary brochure on the Wind Energy Market in Europe and globally and to hear more about Frost & Sullivan's Growth Strategies please contact Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Wind Energy – The Fall in Orders in 2009 will Affect Revenues in 2010 New Growth Strategies Are Now Essential Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Chiara Carella 
+44 (0) 207 3438314 chiara.carella[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Press Releases:

SolarWinds Unveils the Next Generation of IT Troubleshooting at Cisco Live EMEA 2017
SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification
GE & HEI Achieve Major Milestone with First Fire of HA Gas Turbine At Bhikki Power Plant
Aluminium of Greece Collaborates with GE to Drive Efficiency Using Predix*-based First-of-their-kind Digital Smelter Solutions
Enel Green Power Gives Renewable Energy to New Paediatric Surgery Hospital in Uganda
GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK
Turkey's First Digital Power Plant Powered by GE & GAMA Energ

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today