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Wind Market in India sees European Wind Companies Vestas,Gamesa,Enercon gain marketshare from No.1 Suzlon

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Top European Wind Companies Vestas,Gamesa and Enercon have gained marketshare in 2010 in the Indian Wind Power Market.Note Indian Wind Energy Companies have competed with each other as the Indian Wind Power Market starts slowing down.India installed more than 2 GW in Wind Capacity and is the world’s fifth largest market.Suzlon the biggest Indian Wind Turbine Company has seen its marketshare go below 50% for the first time to 41% as aggressive initiatives by foreign wind manufacturers pay off.Note GE,Siemens and others have set up blade and turbine factories in India to lower costs and improve their position.Gamesa has been the biggest winner by gaining a 10 percent marketshare taking the No.3 position from the world’s largest wind turbine company Vestas.Enercon maintains its 2nd position with 500 MW of installations despite severe legal problems between the domestic unit and the German parent.Note the European Wind Makers are facing tough competition in their home markets because of market decline.They are also finding penetration in China which accounts for 50% of the world’s capacity addition in 2010 tough as the domestic wind players are in a price war.India remains the best market for their growth prospects.

Wind Power Farms in India have grown at a rapid pace and newer wind farm developers like Caparo have set aggressive plans for expanding capacity in India.The power situation in India remains deficient and provides a great opportunity for all energy players.Renewable Energy is being promoted in India through government subsidies like generation based incentives,renewable energy certificates etc.Offshore Wind Power also looks to be the next big area of growth with Gujarat looking to set up India’s first offshore wind farm

Gamesa Tops Vestas in India Wind Sales, Suzlon’s Share Dips

Spain’s Gamesa Corporacion Tecnologica SA topped Vestas Wind Systems A/S, the world’s biggest wind-turbine maker, in new installations in India in the financial year ended March 31, the latest figures show.

Of the 2,351 megawatts of capacity added in India last year, Suzlon was still the top supplier taking 41 percent of new installations, or 955 megawatts, according to the IWTMA figures. The local unit of Germany’s Enercon GmbH kept its No. 2 ranking with 504 megawatts.

Gamesa, 18 months since entering the Indian market, has become the third-biggest supplier with 228 megawatts, or 10 percent. Vestas slipped one spot to No. 4 with 215 megawatts.


Abhishek Shah

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