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Sinovel and Vestas Continue to Lose Chinese Market Share

Resource from:  CBCC Likes:271
Jan 29,2013
China's former number one wind turbine manufacturer Sinovel has fallen to third place in the country's league suppliers over 2012, the troubled company's second drop in consecutive years. Goldwind has retained the number one slot it gained last year, while Guodian United Power has moved ahead of Sinovel into second place. Ming Yang and XEMC occupied fourth and fifth place respectively. However, in terms of overall installations the figures illustrate the fall in the demand in the Chinese market. The 2.52GW Goldwind installed would have only taken it to fourth place in 2011. Gamesa was the only international company to feature in the top 10, rising to ninth with 490MW. While Vestas, which as recently as 2010 was in sixth place, came in a disappointing 11th, having installed 410MW. GE was another overseas company to fall. It dropped from 11th place to 17th, having only installed 90MW, compared with 408MW in 2011. Despite the downturn, some manufacturers managed to increase their build rate. Envision installed 540MW compared to 348MW the year before, a 55% increase. Also, despite not moving in the league, Ming Yang developed 1.5GW, a 27% increase. The figures were supplied by the Chinese Wind Energy Assocation (CWEA). China installed about 14GW wind turbines in 2012, according to CWEA. Commenting on the figures, CWEA president He Dexin said that although the total was smaller than in previous years, the large absolute numbers remained powerful enough to support stable and sustainable development of the Chinese wind power industry. China installed 17.63GW wind turbines in 2011 and 18.94GW turbines in 2010. Top 20 manufactuers in China Goldwind, 2.52GW Guodian United Power, 2.05GW Sinovel, 1.77GW Ming Yang, 1.51GW XEMC, 1.15GW Shanghai Electric, 810MW Envision, 540MW Dongfang Electric, 510MW Gamesa, 490MW CSIC Haizhuang, 420MW Vestas, 410MW CSR Wind, 370MW Yunda, 360MW China Creative Wind Energy, 290MW Xuji Wind, 170MW Huayi Wind Energy, 110MW GE Wind Energy, 90MW Swiss electric, 80MW Jingcehng New Energy, 50MW CASC Wanyuan, 50MW
(CBCC)
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