Research and Markets: China Wind Power Equipment and Parts …

June 16, 2012 by  
Filed under Wind Energy Tips

DUBLIN–(BUSINESS WIRE)–Research and Markets (
has announced the addition of the “China
Wind Power Equipment and Parts Industry Report, 2011-2012″

report to their offering.

Wind Power Equipment and Parts Industry Report, 2011-2012”

The flying capacity expansion of wind power equipment manufacturers in
recent years has caused increasingly intense competition; in 2011,
Chinese wind power equipment manufacturers witnessed decline in profit
to varying degrees.

Among equipment manufacturers, in 2011, Goldwind Science Technology
Co., Ltd. reached net income of RMB607 million, a YoY decline of 73.5%;
Sinovel Wind Group’s net income dropped 72.8% YoY to RMB776 million. As
for wind power equipment parts manufacturers, wind turbine blade maker
Sinoma Science Technology Co., Ltd. realized net income of RMB121
million in 2011, down 31.7% YoY.

Not just Chinese manufacturers, global wind power equipment
manufacturers were barely satisfactory in terms of performance for 2011.
For example, VESTAS, the world’s largest wind power equipment maker,
faced net loss of 166 million in FY2011, the first annual loss since

Confronted with such a situation, Chinese wind power equipment companies
have made strategic adjustments to improve corporate performance, mainly
through two ways. First, to transfer from only focusing on equipment
installation quantity to increasing RD investment and supporting the
projects with higher gross margin. Sinovel Wind Group, for example,
improved RD investment in large-capacity wind turbine generators;
currently, its 3MW, 5MW and 6MW large-capacity units have witnessed a
substantially enhanced proportion in the order structure. Second, to
actively expand overseas markets

Key Topics Covered:

1. Overview of Global Wind Power Industry

2. China Wind Power Industry Policy

3. Operation of China Wind Power Industry

4. Wind Power Development in Main Regions of China

5. Overview of China’s Wind Power Equipment Industry

6. Key Manufacturers of Wind Turbine Generator

7. Development of Wind Power Equipment Parts Industry in China

Companies Mentioned:

– Xinjiang Goldwind Science Technology

– Sinovel

– Guodian United Power Technology

– Mywind

– Dongfang Electric Corporation

– Vestas

– Gamesa

– GE Wind Energy

For more information visit

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