Record High Turbine Orders in Q2

Wind Industry Profile of

Global wind turbine order intake increased 111% YoY, overtaking the previous record set in Q4 2018 by 13.2GW, according to new research from Wood Mackenzie.

As noted in the Wood Mackenzie report, 'Global Wind Turbine Order Analysis: Q3 2019', developers globally ordered a record 31GW of wind turbine capacity in Q2 2019. Demand in China and the US contributed to a total of 79GW ordered over the last four quarters, despite a decrease of 41% YoY in Europe during Q2. China and the US enjoyed top quarters for capacity ordered as developers rushed to procure turbines with sufficient time to commission projects before 2020 subsidy deadlines in both countries. “Developers in China ordered more than 17GW in Q2 2019, a 267% uptick YoY compared to Q2... ... More: Official Press Release Wood Mackenzie

Keywords:

Wood Mackenzie, turbine order, capacity, record, Q2, intake, quarter, manufacturer, Vestas, OEM, China