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6 FAQs about [China s top 10 wind power generation companies]
Are Chinese wind turbines the world's top wind power manufacturers?
Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023.
Who makes the most wind turbines in the world?
The top five for wind turbine makers was dominated by Chinese manufacturers. Xinjiang Goldwind Science & Technology (SHE:002202) retained the top spot with 16.4 GW of projects commissioned last year. Envision Energy rose to second place with 15.4 GW, while Denmark’s Vestas Wind Systems A/S (CPH:VWS) ranked third with 13.4 GW.
Who commissioned the most wind turbines in China last year?
Xinjiang Goldwind Science & Technology (SHE:002202) retained the top spot with 16.4 GW of projects commissioned last year. Envision Energy rose to second place with 15.4 GW, while Denmark’s Vestas Wind Systems A/S (CPH:VWS) ranked third with 13.4 GW. Windey and Mingyang rounded off the top five.
What are the 5 major wind companies in China?
Commonly referred to as the “Big-5” (五大发电集团), the five dominant wind firms are China Energy Investment Corporation (CEIC), China Huaneng, State Power Investment Corporation (SPIC), China Datang and China Huadian. They are the largest power utilities in China, putting investment in all the power sectors.
Who is the world's leading wind turbine supplier?
China’s Goldwind maintained its position as the world’s leading wind turbine supplier. The company commissioned 16.4GW of projects last year, 95% of which were in its home market. The record new build in China also propelled Envision, another local player, to second place, adding 15.4GW.
Are Chinese wind turbines a good investment?
“It’s no surprise that Chinese turbine makers dominate the top five in our ranking, as buildout of gigawatt-scale wind projects and an end to pandemic restrictions sent installations soaring last year,” said Cristian Dinca, wind analyst at BloombergNEF and lead author of the report.