The second quarter of 2020 noticed greater than 17 gigawatts of wind turbine capability ordered globally, value an estimated $16 billion, in accordance the brand new Wooden Mackenzie wind turbine order evaluation report for Q2.
Globally, Q2 noticed world wind turbine order consumption lower by 45 p.c versus Q2 2019. This was partly as a result of excessive order document set in 2019 upfront of coverage modifications in the US and China. In the meantime, orders for the offshore sector in Europe gave the market a lift.
Which corporations led the best way in Q2?
Q2 wind turbine cargo numbers
Based on Wooden Mackenzie, Siemens Gamesa Renewable Power (SGRE) edged forward of Vestas for introduced world wind turbine order consumption in Q2, for each onshore and offshore, reaching Four.1 GW. SGRE’s first sale of its SG193-DD turbine helped set new consumption data for the quarter.
However though SGRE topped the listing for general world turbine order consumption, Vestas’ V150-Four.2 received high onshore mannequin for consecutive quarters after a very sturdy Q2 in Asia Pacific excluding China.
Onshore, builders proceed to hunt higher-rated fashions to maximise web site constraints, with SGRE, Vestas and Nordex capturing all demand in Q2 for onshore fashions rated 5 megawatts or greater.
Within the offshore sector, Envision’s spectacular haul in Q2 for its EN-161 5.2 offshore mannequin led to the corporate taking high spot for Q2, coming in barely forward of SGRE. First orders for the mannequin helped Envision crush its earlier excessive in 1 / 4 by an element of three.
Chinese language builders ordered greater than 2 GW of offshore turbine capability for the sixth consecutive quarter, with Envision capturing 66 p.c of Q2 demand in China.
SGRE and MHI Vestas every landed greater than a gigawatt of orders in Europe for brand spanking new offshore turbine fashions rated over 10 MW. SGRE is the primary OEM to hit three GW of agency offshore consumption in 1 / 4, contributing to its largest ever quarterly quantity within the Europe/Center East area.
An offshore demand bump in Q2
Regardless of the 45 p.c year-over-year decline, Q2 2020 wind turbine order consumption nonetheless represented a strong haul and exceeded Q2 order consumption for 2016, 2017 and 2018.
A wave of offshore demand within the second quarter of this 12 months, coming from nations such because the UK, the Netherlands and France, helped to raise general turbine order capability regardless of a drop within the U.S. and China.
World offshore order consumption captured 38 p.c — or 6.5 gigawatts — of all Q2 orders, which is a rise of 40 p.c year-over-year.