The market for wind energy continues to grow, and 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 totalled nearly 13.5GW, with Vestas overtaking Siemens as the top vendor.
According to a new report from Navigant Research, Vestas led all vendors in turbine orders received in the first half of 2016 with 3.5GW of awarded capacity. Vestas has signed deals in at least 16 different countries. 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. In terms of turbine capacity awarded to regions, Europe retained its leading position in the first half of 2016, gaining 6GW from a handful of large offshore orders and a massive Norwegian project awarded to Vestas, according to the report. North America and Asia Pacific continued to trail Europe, while Latin America saw a decline in capacity and the Middle East & Africa, taking fifth place, saw an increase. The report, Wind Turbine Order Tracker 3Q16, tracks all publicly announced wind turbine orders between January and June 2016.
