EnergyWatch

Vestas maintains exceptionally high market share

The global order intake has never accelerated so quickly as in 2019, show new figures from WoodMac. There are large geographical differences, however.

Photo: Carlos Barria

China, South and North America pulled the global order intake up to hitherto unseen heights in the first quarter. With 13.69 GW, the global order intake was 7 percent – corresponding to 875 MW – higher than the same quarter last year, which has thus until now held the record for the largest intake in a first quarter, shows new figures from Wood Mackenzie.

This development benefits Vestas in particular. With its order intake of 3,004 MW in Q1, the Danish wind turbine manufacturer could celebrate a full year on the throne as the world's leading supplier, with orders totaling 15,598 MW from April 2018 to March 2019. This is due to factors like the company's sales of its largest wind turbines, the analyst firm asserts.

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