These Four Power Giants Rule the World's Growing Wind Market
- Top four manufacturers added 28 gigawatts of wind power
- Siemens steals top honors from Vestas on offshore turbines
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Four power giants, led by Siemens Gamesa Renewable Energy SA, dominate the world’s wind turbine market, making up 54 percent of sales in 2017.
Offshore wind installations helped Zamudio, Spain-based Siemens leapfrog over Vestas Wind Systems A/S to become the world’s top turbine manufacturer, according to a report Monday from Bloomberg New Energy Finance. Siemens commissioned 9.52 gigawatts of onshore and offshore turbines last year. Vestas, based in Aarhus, Denmark, added 7.71 gigawatts and remained the top onshore turbine maker. That doesn’t include offshore equipment from a Vestas joint venture with Mitsubishi Heavy Industries Ltd.