Vestas was confirmed as last year’s global wind OEM leader by another research group as analysts at Navigant said it retook the number-one spot in 2018.
The Danish OEM installed a record 10.4GW out of 50.6GW added around the world last year – a total that represents a slip from 52GW installed in 2017, said Navigant’s annual Global Wind Turbine OEM Market Share study, which echoes others in reflecting a storming year for Vestas.
China’s Goldwind came second in Navigant’s rankings with 6.8GW thanks to its dominance in its domestic market, while 2017 number-one Siemens Gamesa slipped to third, with 6.2GW, Navigant said.
GE Renewable Energy and Envision rounded out the top five in the US-based research group’s study.
Navigant said: “These numbers do not suggest a broader downturn in wind but rather a plateau as the industry is coping with a transition in many markets to more challenging market-based competitive incentives.
“Changes in the top global and country rankings reflect these market dynamics as some OEMs weather the market storm better than others.”