GWEC: Impact of COVID-19 on the Wind Industry

Wind Industry Profile of

This update has been jointly prepared by the Global Wind Energy Council (GWEC) and the Chinese Wind Energy Association (CWEA) based on consultation with their industry members and their own market intelligence.

As China is the world leader in new onshore and offshore wind power installations, there have been rising concerns in over the impact of COVID-19 on the Chinese and global wind industry. GWEC Market Intelligence interviewed six major Chinese turbine OEMs (which collectively held more than 75 per cent of Chinese market share in 2018), one foreign leading turbine OEM, one leading utility, one stock listed IPP, five leading component suppliers and one leading material supplier based in China. Following these discussions, we can conclude that the virus will impact... ... More: Official Press Release GWEC

Keywords:

China, virus, wind industry, onshore, offshore, supply chain, market, international, COVID-19, global, delay