China wind power industry has seen a surge in international orders

In recent years, Chinese wind power companies have performed well in the international market, with explosive growth in orders. According to the 2024 Global Non-China Market Wind Power Order Report released by Bloomberg New Energy Finance, the total amount of wind power orders in the global non-China market in 2024 is 42GW, of which Chinese companies account for 12GW, accounting for 28.6%. This figure has increased by 70% compared with 2023 and is nearly four times that of 2022, fully demonstrating the competitiveness and influence of Chinese wind power in the global market.

Among many companies, Goldwind Technology's performance is particularly outstanding. This leading Chinese wind power company ranks second in the world with 6.1GW of orders, second only to Vestas in Denmark, and its orders account for almost one-seventh of the total orders in the non-China market. This not only highlights Goldwind Technology's position in the international market, but also sets a benchmark for China's wind power industry. The company's financial report shows that Goldwind Technology's total revenue in 2024 will be close to 56.7 billion yuan, of which overseas markets will contribute more than 12.1 billion yuan, accounting for more than one-fifth. Over the past three years, its international business has maintained an average annual growth rate of more than 64%, and its international revenue in 2024 has reached 2.7 times that of 2022.

The success of Chinese wind power companies is inseparable from their strong technical strength and complete industrial chain support. By the end of 2024, China's wind power installed capacity has ranked first in the world for 13 consecutive years, with a total installed capacity of more than 440 million kilowatts, and supplies more than 60% of key components to the world. In emerging markets such as Africa, South America and Central Asia, Chinese companies have won a large number of orders with their keen market insight and precise docking with local energy transformation needs.

Take Brazil as an example. As the largest economy in Latin America, the country has vigorously promoted the development of renewable energy in recent years and plans to triple its wind power installed capacity by 2030. Goldwind Technology seized this opportunity and quickly deployed in the Brazilian market. The capacity of projects in operation and under construction has reached 1.5 million kilowatts, including the SDP project, the largest single wind power project in Brazil. The project not only demonstrated the technical capabilities of Chinese companies, but also overcame the challenges brought about by tariff policy changes through efficient execution, ensuring the smooth delivery of the project and further enhancing the brand's international reputation.

At the same time, some competitors in the European and American markets are gradually shifting their focus to the local market and reducing their overseas layout. This trend provides Chinese wind power companies with greater room for development, especially the opportunity to consolidate their brand influence in emerging markets. As Cao Zhigang, president of Goldwind Technology, said, China's wind power overseas has changed from the early "opportunity-oriented" to the current "deep localization" stage, focusing on integrating local rules and culture to promote sustainable development.

These achievements are not only the growth of market share, but also the embodiment of the important role played by Chinese wind power companies in the international energy transition. By continuously expanding overseas markets, Chinese companies are making the leap from product exports to industrial output, becoming an important driving force for the development of the global green economy.