in News Departments > New & Noteworthy
print the content item

Denmark-based Vestas and U.S.-based General Electric (GE) were tied for the No. 1 ranking among global wind turbine manufacturers last year, according to a new report from Bloomberg New Energy Finance (BNEF). In March, MAKE Consulting named Vestas No. 1 for 2012 and Navigant Research gave the top spot to GE.

BNEF's report says GE and Vestas both accounted for 11.8% of commissioned capacity last year. In 2012, the U.S. experienced a boost in wind power installations as developers rushed to meet the year-end deadline for the production tax credit, thus helping GE meet Vestas at No. 1. In fact, BNEF says, over 96% of GE’s new capacity in 2012 was in the U.S., while the country also accounted for 40% of Vestas' commissioned turbines during the year.

“2012 was a great year for Western manufacturers in terms of adding new capacity, particularly those with large exposure to the U.S. market,” says Justin Wu, head of wind analysis at BNEF. “Unfortunately, this boom was largely based on beating the deadline on an expiring subsidy and not on sustainable growth. As such, 2013 will look very different.”



IowaDeptEconDevel_id1863

Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

UEA_id1896
WomenofWind_id
JLG_id1900
Acciona_id1907
AWEA_id1886
bonfiglioli_id1913