Wind

Global Wind Turbine Orders Fall Due to Shakeups, India

By Editors of Power Engineering

A new report by Navigant Research indicates wind turbine orders for the first half of 2017 reached 11.6 GW, down from 14.7 GW for the second half of 2016.

The report suggested a change from a feed-in tariff structure to a competitive bidding process in India led to market uncertainty, single-handedly causing a decrease of almost 2 GW in turbine order capacity.

Additionally, the report noted several shake-ups have rattled the global wind turbine industry, including Nordex’s acquisition of Acciona and the merger of Siemens and Gamesa.

However, the average turbine rating continues to grow, with many of the top vendors having average capacities of 3 MW or higher. Additionally, total wind facility sizes are increasing.

Vestas once again led all turbine vendors during the first half of 2017, with 4.3 GW of turbine orders between January and June 2017. Regionally, Asia Pacific led wind turbine order capacity with 2.8 MW signed in the first half of the year.