A new outlook has concluded that the top 5 wind turbine original equipment manufacturers (OEMs) will account for over two-thirds of the market share by 2020, a market consolidation which will also be reflected in the home-bound Chinese market.
Danish wind turbine manufacturer Vestas managed to hold on to its spot as the world’s leading wind turbine manufacturer in 2017, but its recent dominance may not last forever as Siemens Gamesa is narrowing the gap after its successful merger was completed early last year.
2012 was a good year for renewable energy installations, and a new report from Bloomberg New Energy Finance shows that it was a very good year for the wind energy sector, installing a record 48.4 GW of new capacity. This report comes just days after the report from Pew Charitable Trusts was … [continued]
