Global Wind Turbine Installation at Record High in 2023

The first half of 2023 saw the highest recorded intake of global wind turbine installations, according to research by Wood Mackenzie – a renewable energy research and consultancy business. This new record means that the current intake of wind power now sits at 69.5GW, a 12% increase from 2022.

This rise could be due to major investors deciding to opt for larger scale wind power farms. Orders from outside of China jumped 47% to more than 25 GW. In North America, installations increased to 7.7 GW – this is more than 4 times the amount available in 2022. Just two offshore orders are responsible for nearly half of the North American increase.

Luke Lewandowski, vice president for global renewables research at Wood Mackenzie, commented on the development, stating “supply chain challenges remain, but conditions have improved enough to spark procurement decisions. Momentum from the Inflation Reduction Act in the US has helped to motivate order activity, although increasing clarity and market certainty will drive an even larger volume.”

China remains the largest market for wind power with a share of 44 GW of installations, however their wind power capacity has seen little movement in 2023.

The Renewable Energy Institute provides US specific courses, focusing on the particular needs of developing renewable energy projects within the United States. Our Renewable Energy Consultant Expert Certificate USA provides expert insights into the US market, including courses on Wind Power, Renewable Energy Solutions and US-specific Renewable Energy Market Trends and Finance. Enrol today and ensure you and your business are at the forefront of the renewable energy transition.

Offshore orders jumped 26% year-over-year in the first half of 2023 to a record 12 GW, with a quarterly rise of 48% year-over-year to a record high of 9.1 GW. There were two big orders of 2,640 MW and 1,176 MW in North America. 

Lewandowski commented further on the developments, giving special note to the two large scale projects in North America, “the fact that these deals became firm during a difficult time for OEM (original equipment manufacturer) financials and amidst the cancellation of several offtake agreements for large projects is both encouraging and significant.”

Siemens Gamesa Renewable Energy (SGRE) holds the top spot globally in wind development rankings, driven by its installation of SG 14.X DD offshore turbines, which contribute 5.9GW to the total production. Second and third place are held by Chinese manufacturers – Xinjiang Goldwind Science & Technology with 4.9 GW and Zhejiang Windey with 4.4 GW.

Source
https://renewablesnow.com/news/wind-turbine-orders-rise-to-record-695-gw-in-h1-says-woodmac-832749/