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Vestas Leads the Pack in 2013

By State of Green | [email protected]

12 March 2014

According to MAKE Consulting, Vestas installed 13.2% of all wind energy in 2013 with 28% more installed megawatts than its closest competitor.

Vestas installed turbines in 31 countries last year. According to Vestas’ own figures, its largest market for installations in 2013 was Germany, followed by China, Canada and Brazil. Vestas’ largest market for sales in 2013 was the United States, followed by Germany, Canada and Sweden.

“Vestas has been through a tough two-year turnaround process to return to profitability. That we simultaneously achieved our financial goals in 2013 and solidified our market leadership is a testament to the strength of the company”, says CEO of Vestas Anders Runevad, and continues,

“Installing projects in 31 markets and signing firm orders in 37 underlines our status as a truly global turbine supplier, enabling Vestas to better balance the inevitable ups and downs in individual markets from year-to-year”.

The 10 largest wind turbine manufacturers in 2013 and their market share:

Vestas: 13,2%
Goldwind: 10,3%
Enercon: 10,1%
Siemens: 8,0%
Suzlon: 6,3%
GE: 4,9%
Gamesa: 4,6%
United Power: 3,9%
Mingyang: 3,7%
Nordex: 3,4%

Source: Vestas

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