Energy & Science

GE Topples Vestas as World’s Biggest Wind Turbine Maker

Installs of new turbines grew nearly 60% in 2020, BNEF finds
Four companies are increasingly dominating the green business

Renewable power developers added a record 96.3 gigawatts of wind turbines in 2020.
Photographer: Eric Thayer/Bloomberg

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By Will Mathis

March 10, 2021 at 1:00 PM UTC

Updated on

March 10, 2021 at 1:19 PM UTC

This article is for subscribers only.

General Electric Co. became the top wind turbine installer in the world last year as generous subsidies supercharged the market.

Renewable power developers added a record 96.3 gigawatts of wind turbines in 2020, up 58% from the year before, according to research from BloombergNEF. With solar, wind is becoming one of the cheapest ways to produce electricity and a key part of governments’ efforts to eliminate dependence on fossil fuels.