28 Mar '12, 8am

Global wind turbine market competition intensifies: The global wind turbine market is seeing fierce competition,...

China is increasingly focusing on wind turbines with stronger performance and superior product quality, rather than lowest capital cost. This has led to Goldwind recapturing leadership in China, while Sinovel and Dongfang dropped in both regional and global rankings. Vestas was able to maintain its position as the world’s largest turbine OEM in 2011, in spite of the strength of the Chinese wind turbine OEMs in their 17.6GW domestic market. Vestas’ strong performance in the Americas allowed the group to distance itself from the rest of the top five market players this year, commanding a 4.1 percentage point lead over second-placed China’s Goldwind. Enercon leads in Europe In Western markets, Enercon surpassed Vestas as Europe’s market leader due to its dominance in the booming German onshore wind market plus a strong performance in Southern European markets such as France a...

Full article: http://www.renewableenergyfocus.com/view/24793/global-win...

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