Chinese Wind Asset Owners Dominate Global Wind Market

63% of capacity additions in 2017 owned by 11 Chinese companies

The report, 'Global Wind Power Asset Ownership 2018', notes Chinese asset owners continue to dominate the global wind power sector following the merger of former top-ranked power producer Guodian Group and seventh-ranked mining and energy company Shenhua into industrial titan CHN Energy. “Despite the conglomerate’s heavy focus on coal extraction and coal power generation, its wind fleet is more than twice as large as second-ranked utility Iberdrola’s,” said lead author Anthony Logan, research analyst, North America Wind. Xiaoyang Li, an analyst with Wood Mackenzie Power & Renewables’ Asia Pacific team, added: “Many turbines installed... ... More: Official Press Release Wood Mackenzie

Keywords:

Wood Mackenzie Power & Renewables, China, wind energy, asset owner, report, 2017