<div id="readability-page-1"><div id="news-body">(Yicai) March 11 -- Chinese wind turbine manufacturers occupied the top six positions globally by new installed capacity last year, underscoring the country’s dominance in the sector, driven by long-term policy support and faster overseas expansion, according to a report by Bloomberg New Energy Finance (BloombergNEF).China’s newly installed wind power capacity surged 51 percent from a year earlier to 126 gigawatts last year, making it the first market globally to exceed 100 GW in annual additions, according to the recent report. Global new wind installations reached 169 GW, up 38 percent from the previous year.Goldwind Science &amp; Technology retained the largest global market share with 29.3 GW of new installations, followed by Envision Energy with 20.9 GW, Ming Yang Smart Energy Group with 18.9 GW, Windey Energy Technology Group with 18.4 GW, Sany Renewable Energy with 13.5 GW, and Dongfang Electric Corporation with 13.5 GW. All six are Chinese companies.Sany Renewable and Dongfang Electric surpassed Danish manufacturer Vestas Wind Systems, which recorded 10.6 GW, pushing it into seventh place and marking the first time Chinese firms have taken the top six spots globally.Two more Chinese companies ranked in the global top 10: CRRC Corporation placed eighth with 8.9 GW, and Shanghai Electric Wind Power Group ranked ninth with 6.7 GW. Germany’s Siemens Gamesa Renewable Energy came in 10th with 6.3 GW.“Thanks to stable long-term policy support, wind installations over the past decade have become increasingly concentrated in mainland China,” said Cristian Dinca, wind associate at BloombergNEF and lead author of the report. “Chinese manufacturers consistently top the global rankings. They benefited particularly in 2025, as companies and provinces rushed to commission projects ahead of power market reforms and to meet targets set out in the Five-Year-Plan.” China moved from its 14th to 15th Five-Year Plan in 2026.Meanwhile, Chinese manufacturers’ reliance on the domestic market fell to 93 percent last year from 99 percent in 2024, reflecting accelerating overseas expansion by industry leaders such as Envision and Goldwind, the report said.“This moment marks the emergence of Chinese manufacturers as true global players, as their commissioned capacity abroad has increased eightfold over the last year,” said Oliver Metcalfe, head of wind research at BloombergNEF. “Challenged by razor-thin margins at home, Chinese suppliers are leveraging lower-cost production and fast delivery to enter new markets and undercut established rivals across Latin America, the Middle East, Africa, and Asia.”Chinese wind power companies are also shifting their overseas strategy from simple product exports toward localized production capacity and services. For example, Envision signed a 630 megawatt wind turbine supply agreement and a 30-year service agreement with Brazilian renewable energy developer Casa dos Ventos in December to support projects including artificial intelligence data centers, green hydrogen, and green ammonia.Editor: Emmi Laine</div></div>

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Chinese wind turbine manufacturers dominated the global market in 2022, occupying the top six positions for new installed capacity, according to BloombergNEF. China's wind power capacity surged 51% to 126 GW, leading global installations of 169 GW. Goldwind, Envision, and Ming Yang topped the list, surpassing Vestas for the first time. Chinese firms are expanding overseas, reducing domestic reliance from 99% to 93%. This shift includes localized production strategies, as seen in Envision's agreement with Brazilian developers. The report highlights China's growing influence in the global wind energy sector.

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Chinese Wind Turbine Makers Take Top Six Global Market Share Spots, BloombergNEF Says