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Chinese capture 7 of the Top 15 Positions in rankings of Wind Turbine Manufacturers

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The Chinese have not only captured most of the top rankings of the biggest solar panel producers in the world,they have extended their lead into Wind Energy as well.7 of the top 15 positions in Global Wind Turbine Producers are Chinese according to a new ranking.Sinovel and Goldwind have become the No.2 and No.4 rankers in the world with more than 10% global marketshare each.Dongfang is the other top Chinese wind power company with a 7% marketshare.United Power is at 10.Other top Chinese wind energy companies are Mingyang,Sewind and XEMC China.

The slowdown in the Western Markets has led to huge problems for dominant Western firms like Gamesa and Vestas.It has led to painful restructuring for Vestas which has fired thousands of  workers from its domestic manufacturing base in Denmark.Gamesa has also seen management and ownership turmoil as WTG Orders have evaporated and its competitive position has eroded.GE,Suzlon,Gamesa and Vestas are all investing in the Chinese market which has grown exponentially in recent times and which is expected to form 50% of the Wind Energy Demand till the next few years.

Strong Chinese Wind Market,Domestic Content Requirements Key Reason for Chinese WTG Players

Chinese companies have risen from virtually nothing 5 years ago to become Top 5 Global Wind Energy Players.The Chinese companies have seen massive growth on the back of a strongly growing domestic market.China which now accounts of 50% of the world Wind Turbine market in 2010 is expected to see continued strong growth with the Chinese government setting a target of more than 100 GW by 2015.The growth of  the Chinese Turbine Producers has been mainly due to the domestic content requirement set by the Chinese government earlier.The government owned utilities also favor the domestic companies leading to their astounding  growth.

China rivals narrow gap on wind leader Vestas

Chinese manufacturers accounted for four of the top 10 and seven of the top 15 positions in the rankings, it said. By comparison, European wind turbine makers held six positions in the top 15 in 2010, it added.The Global Wind Energy Council (GWEC) forecast on Tuesday that global wind power capacity will more than double by 2015 — growing to 450 gigawatts from 194.4 GW at the end of 2010.

MAKE Consulting gave the following ranking of wind turbine manufactures, and their shares of the total 2010 market:

Company Country Market share (pct)

1) Vestas Denmark 12

2) Sinovel China 11

3) GE United States 10

4) Goldwind China 10

5) Enercon Germany 7

6) Gamesa Spain 7

7) Dongfang (DEC) China 7

8) Suzlon India 6

9) Siemens Germany 5 10) United Power China 4 11) Mingyang China 3 12) REpower* Germany 2 13) Sewind China 2 14) Nordex Germany 2 15) XEMC China 1

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Abhishek Shah