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Whether in the domestic market or with rival wind turbine manufacturers, 2017 saw a year of transformation
for the global wind industry.
Most notably, the merger effect of Siemens Gamesa appeared
.
The combined company became a wind power industry leader, surpassing Vestas, a longtime market share leader,
in terms of annual wind turbine equipment capacity.
According to Navigant Research, in 2017, Siemens Gamesa shipped 8.
7 GW, ahead of Vestas's 8.
6 GW, becoming the top wind turbine manufacturer
in 2017.
Jesse Broehl, senior research analyst, said: "The gap between the two wind turbine giants is only 140 MW
.
Vestas has 421 MW of offshore wind capacity owned by MHI Vestas
, a joint venture with Mitsubishi Heavy Industries.
What's more, Siemens' effect after the merger with Gamesa has already been visible, able to surpass competitors in the shortest possible time, and has a great geographical diversity
.
”
Globally, all wind turbine suppliers installed a total of 51.
9 GW of wind energy capacity in 2017, down 4% from 2016 and reflecting policy changes that have squeezed the sector's value chain
.
According to the report, demand is expected to be flat in 2018, but is expected to increase
in 2019 as technology improves and wind energy costs become increasingly favorable for governments, utilities and other stakeholders, particularly in Latin America, Africa, the Middle East and Southeast Asia.
Whether in the domestic market or with rival wind turbine manufacturers, 2017 saw a year of transformation
for the global wind industry.
Most notably, the merger effect of Siemens Gamesa appeared
.
The combined company became a wind power industry leader, surpassing Vestas, a longtime market share leader,
in terms of annual wind turbine equipment capacity.
According to Navigant Research, in 2017, Siemens Gamesa shipped 8.
7 GW, ahead of Vestas's 8.
6 GW, becoming the top wind turbine manufacturer
in 2017.
Jesse Broehl, senior research analyst, said: "The gap between the two wind turbine giants is only 140 MW
.
Vestas has 421 MW of offshore wind capacity owned by MHI Vestas
, a joint venture with Mitsubishi Heavy Industries.
What's more, Siemens' effect after the merger with Gamesa has already been visible, able to surpass competitors in the shortest possible time, and has a great geographical diversity
.
”
Globally, all wind turbine suppliers installed a total of 51.
9 GW of wind energy capacity in 2017, down 4% from 2016 and reflecting policy changes that have squeezed the sector's value chain
.
According to the report, demand is expected to be flat in 2018, but is expected to increase
in 2019 as technology improves and wind energy costs become increasingly favorable for governments, utilities and other stakeholders, particularly in Latin America, Africa, the Middle East and Southeast Asia.
