Vestas reclaims top spot

27 February 2017

Danish wind power specialist Vestas has reclaimed the top spot in the annual ranking of wind turbine manufacturers, according to figures compiled by Bloomberg New Energy Finance.
Some 8.7GW of Vestas turbines were installed in 2016, 16% of all onshore wind installations in the year. The company’s return to the top spot is owing to a strong push in the USA. It continues to pursue a global strategy with projects commissioned in 35 countries, more than any other turbine maker.
GE is placed second with 6.5 GW, some 0.6 GW more than in 2015. Although GE narrowly lost its lead in the US market for newly commissioned turbines to Vestas, it managed to increase its global presence to 21 countries in 2016, from 14 in 2015.
Xinjiang Goldwind Science & Technology fell from first to third place with 6.4 GW in 2016. Virtually all of the Chinese manufacturer’s capacity was built in its home market, where Goldwind further extended its market share. China’s contracting wind market had a clear impact on Goldwind, as overall installations there were 22.8GW, down 21% from the record 29GW in 2015.
Spain’s Gamesa came in fourth place for onshore turbine installations, narrowly ahead of Germany’s Enercon. Both companies managed to significantly increase their overall installations compared to 2015. While one out of every two Enercon turbines was installed in Germany, almost one in three Gamesa turbines was installed in India.
“This years’ ranking shows why 2016 was all about mergers in the turbine-maker sector,” commented David Hostert, head of wind research for BNEF. “There is now a strong breakaway group of three companies at the front, with a fairly tight field following. But the upcoming merger of Siemens Wind and Gamesa will allow the joined company to catch up and create a ‘big four’ group of dominant manufacturers.”

 



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