Global Wind Turbine Order Capacity Increased 31% In 2018, Finds WoodMac

Global Wind Turbine Order Capacity Increased 31% In 2018, Finds WoodMac

Wood Mackenzie Power & Renewables

the Global Wind Turbine Order Analysis:

Q1 2019 report which showed that the majority of regions experienced wind turbine order capacity increases in the fourth quarter.

However, the United States bucked this trend, seeing a decline in capacity orders due to less demand for safe-harbor qualification investment under 60% tax credits.

The share of turbines ordered within the 3.5 to 4.99 megawatt (MW) range increased in 2018 — only 10% of which were attributed to offshore orders in China.

Ten turbine OEMs won orders in this ratings segment in 2018,

  1. Vestas (56%),
  2. Siemens Games Renewable Energy (13%)
  3. Nordex Group (12%)

Vestas crushed firm order intake in 2018.

The company’s 5.5 GW haul in Q4 represented more than the full year intake of all OEMs, other than the top three.

Western turbine OEMs claimed the top four positions in the ranking of full-year order intake volume, ranging from 14.2 GW for Vestas to 4.8 GW for Nordex.

Four Chinese turbine OEMs ranked in the top 10 for full-year firm order capacity,

Demand in the offshore wind sector

Industry announced nearly 8 GW of offshore order capacity in 2018, beating the previous high in 2016 by nearly 2 GW.

Wind turbines rated 8 MW or higher comprised over 40% of offshore order capacity in 2018, with MHI Vestas accounting for 64% of this ratings segment.

CleanTechnica

https://cleantechnica.com/2019/04/04/global-wind-turbine-order-capacity-increased-31-in-2018-finds-woodmac/