GE And Goldwind Take Global Wind Lead As Deployment Up Nearly 60% In 2020

GE And Goldwind Take Global Wind Lead As Deployment Up Nearly 60% In 2020

Wind turbines in the North Sea of the coast of Teesside, U.K. Photographer: Ian Forsyth/Bloomberg



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With nearly 100GW deployed in 2020, global commissioning of new wind turbines was up 59% compared to 2019. After leading the ranking turbine supplier Vestas fell to third place in terms of number of turbines sold, as GE and Goldwind placed first and second, respectively.

Undeterred by covid, 2020 saw 96.3GW of wind turbines deployed globally, according to the latest research published by BloombergNEF (BNEF). Most of 2020's new turbines were installed on land, at 95%, while offshore wind did see a fall in deployment from 2019, down 19% to 6.1GW.

Wind market growth driven by surges in US and China

Just four manufacturers accounted for more than half (51%) of the machines deployed: General Electric (GE), Vestas, Goldwind and Envision all commissioned over 10GW last year, as the gap widened between the leading manufacturers and smaller players. The growth in sales for GE and Goldwind was also driven by installations in surges in both the US and China.



“GE and Goldwind claimed the top two spots in this year's ranking