In 2023, China dominated the global wind turbine market with 65% new capacity, led by Goldwind, Envision, Vestas, Windey, and MingYang.
China dominated the global wind turbine market in 2023, accounting for 65% of new wind capacity, with four Chinese original equipment manufacturers (OEMs) ranking in the top five globally, according to a report by Wood Mackenzie. Goldwind installed a record 16.3GW of wind power capacity, followed by Envision, Vestas, Windey, and MingYang. Vestas, the only Western OEM in the top five, connected 11.5GW of wind power globally in 2023.
May 01, 2024
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