Wind developer Orsted does not rule out Chinese turbine technology

Orsted chief executive Mads Nipper said the group had ruled out 'absolutely nothing' in its supply chain

In April, the EU said it would investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, a move aimed at protecting domestic firms from cheap clean tech products.

Offshore wind farm developer Orsted has no Chinese turbines in its current project pipeline, its chief executive said, but did not rule out buying turbines or technology from China in the future.

Mr Nipper spoke after the company booked surprise impairment losses in the second quarter, sending its shares down more than 9%.