China Demand Pushes Global Wind Turbine Orders to New Quarterly High

Strong activity in China pushed global wind turbine order intake to 43 gigawatts in quarter two of 2022, according to new analysis from Wood Mackenzie.
The high number of orders marks a new record, and up 36 percent from year-ago levels. This equates to an estimated $18.1 billion.
According to Wood Mackenzie, China aims to support an estimated average build of more than 55 GW per year over the next 10 years. In Q2 alone, China accounted for a record 35 GW of activity and is at 45 GW year-to-date.
The research company also said that Europe showed growth for order intake with 3.8 GW, doubling its Q1 activity. Order intake activity in the US remained slow, with less than 2 GW through H1.
The global order intake for offshore wind exceeded 6 GW in Q2 of this year. This is only the third time offshore orders have exceeded that number.
Wood Mackenzie said that developers in the Chinese market galvanized the largest ever H1 firm orderbook for the offshore wind sector, comprising 74 percent global offshore order capacity.

About Parvin Faghfouri Azar

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