echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > By the end of 2019, 15 global energy companies owned 36% of the world's wind power capacity

    By the end of 2019, 15 global energy companies owned 36% of the world's wind power capacity

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    According to the Global Wind Energy Council (GWEC), more than one-third of the 650 GW of installed onshore and offshore wind capacity worldwide was controlled by the top 15 wind asset owners or operators
    , according to the Global Wind Energy Council (GWEC).

    These 15 wind companies have 232 GW, accounting for 36%
    of the total.
    Seven of them are from China
    .

    Most of the wind energy assets held by these seven Chinese companies are confined to the Asia-Pacific region, where they own 60%
    of the total power generation capacity.

    GWEC said that of the top 15 asset owners, the rest are companies
    active on the global stage.
    The rest of the global capacity, or 418 GW, is owned
    by companies focused on regions or specific markets.

    Specifically, in terms of onshore and offshore wind power installed capacity owned/operated, China Energy Holdings, China Huaneng Energy, China Datang, China Power Investment and Spain's Iberdrola Renewables ranked among the top five in the world, with 42.
    25GW, 22.
    63GW, 19.
    53GW and 19.
    17GW of wind power installed capacity
    respectively.

    The companies ranked sixth to fifteen are CGN Power (16.
    21GW), China Huadian (14.
    66GW), NextEra Energy Resources (14.
    11GW), EDP (11.
    37GW), China Resources Power (11.
    31GW), Enel (10.
    33GW) and Berkshire Hathaway in the United States Energy (8.
    88GW), Spain's Acciona Energy (7.
    98GW), Germany's RWE (7.
    84GW) and France's EDF (7.
    83GW).

    A similar situation can be seen in the offshore wind sector, where the top ten companies own more than
    50% of the total offshore wind capacity.

    Denmark's Ørsted is the number one operator of offshore wind farms with a total capacity of 3.
    67 GW.

    The company is the only company in the sector with offshore wind assets in European, Asia-Pacific and North American waters
    .

    GWEC added that asset owners are constantly expanding their product range and expanding their portfolios
    through mergers and acquisitions (M&A).
    In the offshore wind sector, multiple projects
    led by two or more utility teams.

    The group added that some European utilities have adopted a build-to-sell model, in which they sell stakes in their wind energy assets to reinvest in other projects, as another way
    to grow their portfolios.

    According to the Global Wind Energy Council (GWEC), more than one-third of the 650 GW of installed onshore and offshore wind capacity worldwide was controlled by the top 15 wind asset owners or operators
    , according to the Global Wind Energy Council (GWEC).

    Wind power

    These 15 wind companies have 232 GW, accounting for 36%
    of the total.
    Seven of them are from China
    .

    Most of the wind energy assets held by these seven Chinese companies are confined to the Asia-Pacific region, where they own 60%
    of the total power generation capacity.

    GWEC said that of the top 15 asset owners, the rest are companies
    active on the global stage.
    The rest of the global capacity, or 418 GW, is owned
    by companies focused on regions or specific markets.

    Specifically, in terms of onshore and offshore wind power installed capacity owned/operated, China Energy Holdings, China Huaneng Energy, China Datang, China Power Investment and Spain's Iberdrola Renewables ranked among the top five in the world, with 42.
    25GW, 22.
    63GW, 19.
    53GW and 19.
    17GW of wind power installed capacity
    respectively.

    The companies ranked sixth to fifteen are CGN Power (16.
    21GW), China Huadian (14.
    66GW), NextEra Energy Resources (14.
    11GW), EDP (11.
    37GW), China Resources Power (11.
    31GW), Enel (10.
    33GW) and Berkshire Hathaway in the United States Energy (8.
    88GW), Spain's Acciona Energy (7.
    98GW), Germany's RWE (7.
    84GW) and France's EDF (7.
    83GW).

    A similar situation can be seen in the offshore wind sector, where the top ten companies own more than
    50% of the total offshore wind capacity.

    Denmark's Ørsted is the number one operator of offshore wind farms with a total capacity of 3.
    67 GW.

    The company is the only company in the sector with offshore wind assets in European, Asia-Pacific and North American waters
    .

    GWEC added that asset owners are constantly expanding their product range and expanding their portfolios
    through mergers and acquisitions (M&A).
    In the offshore wind sector, multiple projects
    led by two or more utility teams.

    The group added that some European utilities have adopted a build-to-sell model, in which they sell stakes in their wind energy assets to reinvest in other projects, as another way
    to grow their portfolios.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.