Vestas led all wind turbine vendors in orders received in the first half of 2016

A new report from Navigant Research tracks all publicly announced wind turbine orders between January and June 2016, providing details on orders placed by region, country, and vendor, as well as a breakdown of the vendor market of the top countries.

In the last six months, an increasing amount of turbine deals have been announced compared to the second half of 2015. During the first six months of 2016, global wind turbine orders from 11 vendors in 29 countries totaled nearly 13.5 GW, with Vestas overtaking Siemens as the top vendor. According to a report from Navigant Research, Vestas led all vendors in turbine orders received in the first half of 2016 with 3.5 GW of awarded capacity.

The Danish manufacturer showcased its market reach once again during the first half of 2016 by signing deals in at least 16 different countries across the globe. Competitors Siemens, Gamesa, General Electric, and Suzlon rounded out the top five vendors, with Suzlon more than tripling its capacity awarded in the first half of 2016 compared to the second half of 2015. Despite falling to 2nd place, Siemens signed wind turbine orders totaling almost 400 MW more than its total in 2H 2015.

In terms of turbine capacity awarded to regions, Europe retained its leading position in the first half of 2016, gaining 6 GW from a handful of large offshore orders and a massive 1 GW Norwegian project awarded to Vestas. The order of the regions remains unchanged from the 1Q 2016 edition of this report, with North America coming in 2nd with 2,953.3 MW and Asia Pacific in 3rd place, with 2,275.3 MW, with a high percentage of this capacity from India. Latin America is the only region with a decline in capacity; it logged under half the capacity it did for 2H 2015 due to a slowdown in Brazil. The Middle East & Africa region remains in 5th place, however, it saw a marked increase in capacity, growing from 109 to just under 400 MW.

Source: Navigant Research