Three OEMs will surpass the 300 GW cumulative install mark this decade

Wind Industry Profile of

Despite short-term challenges, all leading wind turbine manufacturers will double their annual installed capacity over the next decade, driven by soaring wind demand

Supply chain companies within the wind energy value chain are facing a paradox: the industry expects long-term demand growth prompted by decarbonisation ambitions but will encounter many challenges in the near term.   All Western turbine manufacturers (OEMs) have declared negative or low-profit margins due to unprecedented supply chain disruptions, raw material cost increases, geopolitical tensions and reliability concerns.  Western OEMs must grapple with insufficient manufacturing capacity to meet... ... More: Official Press Release Wood Mackenzie

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Wood Mackenzie, western, turbine make, manufacturer, capacity, demand, profit, installations, challenge, developer, onshore, offshore, turbine