Shanghai Electric Wind Power Group Makes it to Top Five Wind Turbine Manufacturers List
Shanghai Electric Wind Power Group has made it to the list of top five wind turbine manufacturers in China, with its recently added offshore wind capacity overtaking all the others in the Chinese industry in 2021, as per BloombergNEF's China's Top 10 Wind Turbine Manufacturers in 2021 report.
May 02, 2022. By News Bureau
The report ranks China's wind turbine manufacturers on the basis of new turbines installed throughout 2021. It shows that Shanghai Electric Wind Power ranked fifth by increasing its wind capacity by 5.18GW, securing 9 percent of the market share in China.
"In light of the lingering effects of the COVID-19 pandemic and fierce market competition triggered by the looming end to offshore wind subsidies, Shanghai Electric Wind Power overcame the challenges and broke multiple industry records, winning recognition from our partners for our exceptional installation efficiency, as well as product and service quality. These accolades from the industry have given us fresh impetus as we continue to reshape China's wind power sector in an effort to accelerate towards carbon peak and neutrality goals," Shanghai Electric said in a statement.
In 2021, China's newly installed wind capacity went up by 55.8GW in total, a slight dip of 3% from the previous year, surpassing the 50GW threshold for the second year in a row.
Having started in 2006, Shanghai Electric Wind Power provides services including wind turbine manufacturing, wind farm operation and maintenance (O&M), wind resource assessment, digitized wind farm investment and development, wind farm asset management, smart energy and more.
Last year, the company also revealed its Petrel platform SEW11.0-208 to the world. The flagship direct-drive turbine, which is the company's full proprietary intellectual property, features a nameplate capacity of 11 MW – the largest of its kind in Asia – marking a major breakthrough for China's homegrown innovation in offshore wind technology.
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