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Thursday, 11 March 2021

GE TOP TURBINE INSTALLER 2020

General Electric Co. became the top wind turbine installer in the world last year as generous subsidies supercharged the market.

Renewable power developers added a record 96.3 gigawatts of wind turbines in 2020, up 58% from the year before, according to research from BloombergNEF. With solar, wind is becoming one of the cheapest ways to produce electricity and a key part of governments’ efforts to eliminate dependence on fossil fuels.

GE and Xinjiang Goldwind Science & Technology Co. Ltd. lead the way in the booming U.S. and China markets and were the top two suppliers of turbines globally. The result means Vestas Wind Systems A/S is bumped from the top spot for the first time in five years - Link

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