A new report from Navigant Research tracks all publicly announced wind turbine orders between January and June 2017, providing details on orders placed by region, country, and vendor, as well as a breakdown of the vendor market of the top countries.
During the last year, several shake-ups have rattled the global wind turbine industry, including Nordex’s acquisition of Acciona and the merger of Siemens and Gamesa. Additionally, a change from a feed-in tariff structure to a competitive bidding process in India led to market uncertainty, causing a decrease of almost 2 GW in turbine order capacity.
“Despite this year’s decrease in order capacity, the average turbine rating continues to grow,” with many of the top turbine vendors having weight average ratings near 3 MW or higher,” says Adam Wilson, research analyst with Navigant Research. “Total wind farm sizes are also increasing.”
According to the report, Vestas once again led all turbine vendors during the first half of 2017, with 4.3 GW of turbine orders between January and June 2017. Regionally, Asia Pacific led wind turbine order capacity with 2.8 MW signed in the first half of the year.
The report, Wind Turbine Order Tracker 4Q17, contains an analysis of orders placed by region, country, and vendors, as well as a breakdown of the vendor market of the top countries. Note that this report excludes orders for the Chinese market due to the opaque state of order reporting in that market. Analyses of turbine technologies such as rotor diameter, turbine rating, and specific power are also presented, and the offshore wind market is compared to the onshore wind market.
An Executive Summary of the report can be found here.
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