Published on March 13th, 2014 | by Joshua S Hill2
Vestas Confirmed As 2013 Wind Market Leader
March 13th, 2014 by Joshua S Hill
The report is (as far as I can determine) hidden behind an effective pay wall, however Vestas themselves put out a press release congratulating themselves for the accomplishment.
According to Vestas, MAKE determined the company installed 13.2% of all wind energy in 2013, 28% more megawatts than the closest competitor, which according to Renewable Energy World was China’s Goldwind with just over 10%.
Vestas said in their press release that they had installed turbines across 31 countries during 2013, and according to their own figures their largest market was Germany, followed by China, Canada, and Brazil. In terms of sales, the US was the largest market for Vestas sales, followed by Germany, Canada, and Sweden.
“Vestas has been through a tough two-year turnaround process to return to profitability,” said Vestas CEO Anders Runevad. “That we simultaneously achieved our financial goals in 2013 and solidified our market leadership is a testament to the strength of the company.”
“Installing projects in 31 markets and signing firm orders in 37 underlines our status as a truly global turbine supplier, enabling Vestas to better balance the inevitable ups and downs in individual markets from year-to-year.”
Enercon, Siemens, and the Suzion Group rounded out the top 5 in MAKE’s list, with 10.1%, 8%, and 6.3% respectively, while General Electric has fallen completely out of the top 5 with only 4.9% of the total market in 2013.
This bodes well for Vestas, who have been coming back from a slump over a two year period, and have again made their footprint in the market clear and plain for all to see.
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