A Second Wind for Aging Wind Turbines

A two-year wait for new turbines is forcing some buyers into the secondhand market to meet the EU's carbon reduction targets
Wind turbines are shown in Stark County, Ill., 140 miles southwest of Chicago, in this June 17 photo. The turbines were installed in 2006-2007 at a cost of some $2 million each. Justin Bachman

The 100 or so inhabitants of the Isle of Gigha, off the west coast of Scotland, aren't your typical trendsetters. Yet when this small island community spent $870,000 for three secondhand Vestas (VWS.CO) back in 2004, it became one of the first buyers to tap Europe's blossoming market for used wind turbines.

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