in News Departments > New & Noteworthy
print the content item

Cambridge, Mass.-based Emerging Energy Research's annual Wind Turbine Market Share Update reveals a 2008 global turbine market in which high demand and supply chain backlogs offered plenty of room for all. Established companies averaged installation growth of more than 50%, while several newer players saw installations jump by 100% or more.

Although new competitors such as Sinovel, Dongfang and Clipper made modest inroads into the leaders' market share, the turbine market remains dominated by Vestas, GE, Gamesa, Enercon, Suzlon, and Siemens, which, as a group, accounted for 70% of last year's installations.

Turbine manufacturers installed almost 11 GW more in 2008 than in 2007 - totaling nearly 30 GW of energy activated during the year - almost double the volume in 2006, with the U.S. and China accounting for 48% of that amount.

With more than 15 turbine vendors vying to take business from the big six, players with diversified order books are best positioned to grow in 2009, as the slowdown will be felt most acutely in the U.S. - a market that weighs heavily in the order books of the major vendors.

China remains less impacted by the recession; steady performance can be expected from China's growing number of local turbine suppliers, as well as global players such as Vestas, Nordex and Gamesa, with an existing foothold in that market.

SOURCE: Emerging Energy Research


Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965
UnitedEquip_id1995