Wind energy Sinovel new installed wind farm capacity ascends to world No.2

According to the statistical data, Sinovel’s new installed capacity of wind power has soared from 3,510 MW in 2009 to 4,386 MW in 2010, with its global market share surging from 9.2% to 11.1%, thus maintaining the lead at home and jumping from the third to the second in the world.

Since China’s first homemade 1.5 MW wind turbine went offline at Sinovel in 2006, the company has accomplished the mass production of 1.5 MW and 3 MW offshore and onshore wind turbines. In October 2010, the company turned out China’s first 5 MW wind turbine in October 2010. Also, the autonomous globally leading grid-friendly 6 MW wind turbine is to go into production in the second quarter of 2011, making China the second country that can independently manufacture 6MW wind turbines after Germany.

Recent years have seen the drastic development of China’s wind turbine industry: the recent Statistics on Installed Capacity of China’s Wind Power in 2010 by China Wind Energy Association shows that 12,904 wind turbines were added in China (Taiwan excluded) in 2010, with an added capacity of 18,927.99MW, up 37.1% year on year; 34,485 were installed, with a total capacity of 44,733.29MW, up 73.3% year on year.

According to another survey report by MAKE, a famous Danish consultation agency, non-traditional markets other than the U.S. and Europe have played an increasingly important role in the competition between wind turbine manufacturers for global market share. “Chinese manufacturers are rising rapidly to change the layout of the global wind power industry,” said Executive President, adding, “China’s installed capacity will account for around 38% of the global market between 2011 and 2016.”

Company Country Market share (pct) : 1) Vestas Denmark 12%, 2) Sinovel China 11%, 3) GE United States 10%, 4) Goldwind, China 10%, 5) Enercon, Germany 7%, 6) Gamesa, Spain, 7%; 7) Dongfang (DEC), China 7%, 8) Suzlon, India 6%, 9) Siemens, Germany 5% 10) United Power, China 4%, 11) Mingyang, China 3%, 12) REpower, Germany 2 %, 13) Sewind, China 2%, 14) Nordex, Germany, 2%, 15) XEMC, China, 1%, Others, 12%.

With the introduction of 5 MW, 6 MW and more powerful wind turbines, Sinovel will step up efforts to explore the overseas market while committing itself to the development of China’s wind power industry, and its overseas operation is expected to be decisive by 2015. So far, Sinovel has established subsidiaries in countries such as the U.S., Canada, Spain, Australia and Brazil. “Internationalization” has become the top priority of its “twelfth five-year strategy”.