Wind turbine orders fell almost 2GW in the first half of 2017 compared with the same period last year, according to a new report by Navigant Consulting.
The report – ‘Wind Turbine Order Tracker 4Q17′ – said orders stood at 11.6GW in the first six months of the year, down from 13.4GW from 1 January to 30 June in 2016.
Navigant said “several shake-ups”, such as Nordex’s acquisition of Acciona and the merger of Siemens and Gamesa, have “rattled” the global turbine industry.
In addition, a change from a feed-in tariffs to a competitive bidding process in India has led to uncertainty in the market.
Vestas had the most orders in the first six months with 4.3GW, while Asia Pacific with 2.8GW led regionally, Navigant said.
The report tracks all publicly announced wind turbine orders between January and June 2017, but excludes orders for the Chinese market due to the “opaque state of order reporting” in that market, the consultancy said.
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