China drives wind market to break turbine order record in Q2

A total of 35GW out of 43GW global orders were from China.

China drove the wind market to break a record in the second quarter of the year with strong activity in the market pushing wind turbine order intake to 43 gigawatts (GW).

This represented a 36% year-on-year growth to an estimated $18.1b, Wood Mackenzie reported.

Of the 43GW, China accounted for 35GW. The market has so far added 45GW year-to-date, which is 10GW short of its target to build an average of 55GW annually in the next decade.

“Goldwind, Mingyang and Envision were all very active in Q2 with projects in China, accounting for more than 26GW of activity between them,” Luke Lewandowski, Wood Mackenzie Research Director, said.

“Rapid technology adoption and government support have catapulted China to this leading position.”

Global activity in the wind market is also showing a record pace with 61GW ordered in total during the first two quarters. This is up 13% compared to the first hald of 2021.

Europe also doubled its order intake to 3.8GW during the quarter, whilst the US remains slow with only less than 2GW in the first half.

“China is surging and we are seeing strength in Europe too. The US is where demand has been sluggish. This is due to tough market conditions, such as labor cost increases, inflation and supply chain disruptions. As a result, securing new orders in the US has been difficult, which has had a negative impact on OEMs dependent on the market, primarily Western-based OEMs.”

“However, with the passage of the IRA bill in the US, Wood Mackenzie anticipates a boost in activity over the second half of the year. With these new incentives, wind power projects have become more economically viable and thus more competitive compared to conventional technologies. If procurement of wind turbines in China continues at its current pace and intake activity picks up in the US, the wind turbine market could be set for a record year.”

Follow the link for more news on

Wood Mackenzie

China wind power

Also Read

High interest rates pose a threat to the energy transition

India directs gas-based power plants to maximise generation during summer

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit