Wednesday, March 17, 2021

"China takes up 7 spots among the world’s top 10 wind turbine manufacturers for wind power"

Answering a question* I had asked myself after posting Feb. 26's "Going Green: 'The battle over raw materials will decide who rules the world'"

From EV Wind (de España):

In Bloomberg New Energy Finance (BNEF) 2020 ranking of global wind turbine manufacturers, 7 of the top 10 wind turbine manufacturers are Chinese companies, with Goldwind of China in second place behind General Electric of the United States. Danish manufacturer Vestas fell from the top position for the first time in five years and finished in third place. BNEF calculates its rating based on the total capacity of the newly installed turbines.

The growth of China’s wind turbine manufacturers can be attributed to the country’s strong growth in wind power capacity. In BNEF’s report, it is found that more than half of the world’s newly installed wind power capacity was built in China in 2020, almost equal to global growth in 2019. Chinese manufacturers that made the list included: Goldwind , Envision, Mingyang, Shanghai Electric, Windey, CRRC and Sany....

....MORE

*The question came out of an admission of ignorance: 

...In end products the Chinese boast eight of the ten largest solar cell manufacturers and though I haven't done the comparison recently, back when the subsidies were really flowing the Chinese wind turbine manufacturers equaled the combined output of the Europeans:  Siemens Gamesa, Vestas, Nordex and Enercon.

Regarding that Capitalism with a Chinese face schtick, in 2018 we had the dénouement of a story that we first posted on in 2011, "Chinese Company Sinovel Wind Group Convicted of Theft of Trade Secrets" (AMSC)
AMSC got so screwed by the Chinese the damage may be irreparable....

"Clean Energy, China-Style: Sex, Cash and Stolen Technology" (AMSC)

For what it's worth Sinovel is now the largest wind turbine manufacturer in China and I think, #2 in the world.

So, no matter how this plays the money is going to flow to China.

And they will use it to buy Western politicians, and academics, and businesspeople.