Siemens Gamesa overtook Vestas as top wind equipment manufacturer in 2017
Siemens Gamesa Renewable Energy (SGRE) claimed the top spot for the wind turbine manufacturing sphere in 2017, managing to install 9.43GW and overtaking Vestas, which ranked second with 7.52GW of installations in 2017, according to GlobalData,.
SGRE gained ground with a 26.4% rise over the previous year’s installations, while Vestas saw a 14% fall in installations in the same period. Goldwind came in third, followed by General Electric, both dropping one place compared to last year, and Enercon was fifth. GlobalData’s research found that the top five turbine manufacturers accounted for nearly 58% of the total installed capacity in 2017, up almost 7% on the previous year. Vestas could not hold onto the top spot it attained last year against the synergies and vast geographic spread of SGRE. Xinjiang Goldwind Science & Technology took third place in the rankings. The company is the largest wind turbine generator manufacturer in China for the seventh consecutive year, while its global new installation market share reached 10.4% in 2017. Goldwind reported that it had accelerated innovation and actively expanded the overseas wind power market and offshore wind power market. The group made breakthroughs in six emerging markets, namely Uzbekistan, Turkey, Kazakhstan, the Philippines, Argentina, and Brazil.
https://www.windtech-international.com/industry-news/siemens-gamesa-overtook-vestas-as-top-wind-equipment-manufacturer-in-2017
Siemens Gamesa chart topper
Siemens Gamesa took top spot in the global turbine installation table with 9.43GW in 2017, according to analysis by GlobalData.
Vestas, which topped the chart in 2016, slipped to second with 7.52GW, followed by Goldwind with 5.45MW.
GE was in fourth place, having installed 4.83GW, with German manufacturer Enercon taking fifth spot with 3.35GW.
Siemens Gamesa accounted for 18% of the installation market last year, Vestas 14.3% and Goldwind 10.4%.
Installations by the Spanish-German manufacture grew 26.4%, while Vestas' fell 14% in 2017, GlobalData said.
GlobalData practice head for power Ankit Mathur said: “The recent merger of Gamesa and Siemens created a strong position in the industry across the onshore and offshore space.
“The competitive advantage of larger size and scale, along with good geographic diversification, provided the necessary push enabling it to claim the top spot.”
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