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Top 10 wind power companies

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January 23, 2011 – Comments (1)

Top 10 wind turbine manufacturers by annual market share in 2009.

 

The information below gives you a quick overview of the windpower market. You can use it as a starting point for further investigation if you are interested in these companies.

 

The global market for wind power capacity is expected to nearly triple in the next five years to 447 gigawatts (GW) and could expand to almost 1,000 GW within 10 years, BTM said. "Wind power will deliver 1.6 percent of the world's electricity in 2010," BTM said. "By 2019, ten years away, wind power could meet 8.4 percent of the world's consumption of electricity." [article date march 2010]

 

1. Vestas (Denmark) 12.5% [website]

In January 2011, Vestas won the $1.5m (£940,000) Zayed Future Energy Prize in Abu Dhabi. As of 2011, Vestas wind turbines generate enough electricity to provide for 21 million people.

 

2. GE Wind Energy (United States) 12.4% [website ecomagination]

General Electric Co. will invest 340 million euros ($453 million) in offshore wind technology in Europe until 2020

 

3. Sinovel (China) 9.2% [website]

Looking forward, Sinovel will continue to meet challenges, pursue excellence in a pioneering and creative spirit, strive to build itself into the most competitive wind power equipment manufacturer in the world, and realize the strategic objective of becoming the world's No.1 supplier in 5 years. 

 

4. Enercon (Germany) 8.5% [website]

Enercon is not offering or supplying wind turbines to offshore projects: Enercon's managing director Aloys Wobben questions the costs and risks of offshore wind farms while the demand for onshore wind turbines (where costs and risks are significantly lower) can hardly be satisfied.

 

5. Goldwind (China) 7.2%  [website]

Goldwind has won market growth performance of over 100% for eight consecutive years.

In 2010, To expand the publicly traded shares of Goldwind and raise international expansion capital, over $1Billion was raised in an IPO on the Hong Kong Exchange with cornerstone investors from both Asia and North America. Offices were set up in the USA and Australia as well as installing its first three wind turbines in the USA.

 

6. Gamesa (Spain)6.7% [website]

The company has installed more than 10,000 MW of production in four continents, saving the equivalent of 51.9 millions of tons of carbon dioxide annually. It presently has over 20,000 MW of production in development in Europe, America and Asia and it is also involved in the construction and development of photovoltaic power stations.

 

7. Dongfang Electric (China) 6.5% [website]

 

8. Suzlon (India) 6.4% [website]

Suzlon operates the largest wind park in the world, the 584 MW wind park in the Western Ghats-Tamil Nadu. Also, the company operates what was at the time of construction Asia's largest wind park, a 201MW park near the Koyna reservoir in Satara district of Maharashtra - The Vankusawade Wind Park.

 

9. Siemens Wind Power (Denmark / Germany) 5.9% [website]

 In November 2010, SWP had orders of DKK 74B, whereas Vestas had orders of DKK 45B

 

10. REpower (Germany) 3.4% [website]

Through subsidiaries and associates as well as licensing agreements, REpower is present in all major growth markets for wind energy in Europe: France, Portugal, Italy, Spain, the UK and Greece, in addition to promising overseas markets such as Japan, China, India and Australia.

Now Suzlon owns 92% of REpower.

 

 

Green greetings and nice weekend.

 

1 Comments – Post Your Own

#1) On January 23, 2011 at 6:53 AM, cmmtgnmn (32.85) wrote:

With taking over REpower, Suzlon is now actually 3rd on the list.

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