Investor interest in wind firms slowing

TOKYO - Investors' interest in Chinese wind companies may be slowing after Xinjiang Goldwind Science & Technology Co, China's second-largest wind turbine maker, shelved a share sale in Hong Kong, analysts said on Monday.

Global investment in wind power eased during the economic slump in the US and Europe, lowering the prices paid for wind farms, according to Bloomberg New Energy Finance. Turbine makers are most at risk of a slowdown as overcapacity narrows margins, said Justin Wu, an analyst for the research group.

"It's a tough situation to be a wind turbine manufacturer anywhere in the world right now, including in China," Wu said. "They're in a highly competitive situation, with high price competition and their margins are very thin."