GE Vestas and Siemens Rule US Wind Market With 76% Share

General Electric , Vestas and Siemens are the three wind turbine makers with the largest US foothold, accounting for 76% of the country’s cumulative installed wind capacity as of end-2015.

The three companies have supplied a total of 55 GW in the US as of last year’s end, according to data gathered by the US Energy Information Administration (EIA). Their combined share of the 8.2 GW installed in 2015 alone exceeds 92%, EIA said.

Gamesa (BME:GAM) and Mitsubishi held significant shares of the US wind capacity operating at end-2015, at 6% and 5% respectively, but they did not supply that many turbines last year. Thus, Acciona and Nordex  took the fourth and fifth spot for 2015, with respective shares of 6% and 2%. Nordex is now the new owner of Acciona’s wind turbine production arm.

EIA noted that US-based GE has been the dominant wind turbine supplier in the country since 2002 when it bought Enron’s wind business, then known as Zond. The company’s average annual share of installed capacity for the period 2005-2015 was 44%, or 2.7 GW per year.

Source: Vestas Wind Systems A/S
Date: Nov 29, 2016