Orders for wind turbines were up in the first half of the year compared to 2022, after a rebound in purchases in North America and strong volumes in China, said a study published Friday.<\/p>\n
Between January and June turbine orders for capacity reached 69.5 gigawatts, a 12 percent rise over in the first six months of 2022, according to research firm Wood Mackenzie. That figure sets a first half record although it is down on second half 2022 results.<\/p>\n
Total first half volume by value came in at $40.5 billion with a 47 percent rise in Chinese demand one of the key factors behind the push, the report said, consolidating the nation’s top rank status.<\/p>\n
US demand also was a factor, with volume of electrical power (7.7 GW) quadrupling compared to the first half of 2022.<\/p>\n
The study credited President Joe Biden’s Inflation Reduction Act in the United States, which is designed to underpin a vast energy transition and social reform programme.<\/p>\n
According to Wood Mackenzie, offshore wind power is increasingly playing a role with the first half of the year seeing a 26 percent rise over first half 12 GW for a 17 percent share of capacity.<\/p>\n
The International Energy Agency said in July that offshore reach would increase in the coming years as more countries develop or plan their first offshore wind farms.<\/p>\n
The trend has notably pushed global leading turbine manufacturer German-Spanish company Siemens Gamesa up to third in terms of ordered power behind China’s Envision Energy and Windey.<\/p>\n
Denmark’s Vestas, long the sector leader, has dropped to fifth this year as China’s giants increasingly dominate the market.<\/p>\n","protected":false},"excerpt":{"rendered":"
Orders for wind turbines were up in the first half of the year compared to 2022, after a rebound in purchases in North America and strong volumes in China, said a study published Friday. Between January and June turbine orders for capacity reached 69.5 gigawatts, a 12 percent rise over in the first six months of 2022, according to research firm Wood Mackenzie. That figure sets a first half record although it is down on second half 2022 results. Total first half volume by value came in at $40.5 billion with a 47 percent rise in Chinese demand one of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-601367","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=601367"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601367\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=601367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=601367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=601367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}