Global wind turbine order hits new record in H1

Wind Industry Profile of

North America quadruples YoY growth, offshore orders surge and demand sustains in China

Global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year, according to a new analysis from Wood Mackenzie. A big driver of this activity was orders from outside of China, which saw more than 25 GW of order demand for a 47% increase year-over-year through H1. North America saw orders reach 7.7 GW, more than quadrupling H1 2022’s total of 1.9 GW, with two offshore orders accounting for 49% of the total. China overwhelmingly remains the largest market, with 44 GW of activity in H1, but demand was flat year-over-year. In total, orders accounted for US $25.3 billion in Q2, and US $40.5 billion in H1... ... More: Official Press Release Wood Mackenzie

Keywords:

Wood Mackenzie, half year, results, growth, wind turbine, order, China, North America, surge, GW, intake, developer, manufacturer, supply chain