“Every wind IPP [independent power producer] is now shifting from only looking at the cost of the turbines,” says Macquarie Capital analyst Patrick Dai, arguing that the growing focus on the levelised cost of energy (LCoE) favours domestic manufacturers that supply high-quality turbines with the highest availability. “We’re seeing Goldwind and Envision Energy become the top two players in China, while the others are struggling.”
IN DEPTH: Performance the new watchword in Chinese wind
A shift in the attitude of China’s leading wind developers — state-owned Longyuan, Huanang, Datang and Huadian — is changing the landscape for the country’s turbine makers.
5 October 2016 7:07 GMT
Updated
25 October 2016 16:00 GMT
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