26 July 2018
Visiongain has launched a new energy report Top 20 Wind Power Companies Report 2018: Market Share (CAPEX & Installed Capacity) of Leading Companies Operating Within the Onshore & Offshore Wind Power Market Including Financial Analysis and In-Depth Analysis of Major Contracts & Projects in Various Regions.
Wind power is one of the fastest growing renewable energy sources which can be used in both commercial and residential applications.
With increasing concerns over energy security and carbon emission issues, there has been a significant increase in the adoption of renewable and nuclear sources for power generation. Increasing energy demand in several developing countries is, therefore, augmenting the demand for wind power.
As per the Global Wind Energy Council (GWEC), over 52 GW of wind power was added in 2017, registering total installations to 539 GW globally. Intense reductions in onshore and offshore wind prices will further favour the adoption of wind energy. This will only further the growth of the market.
The Visiongain report analyst commented "As of now wind power is one of the most competitively priced technology amongst other renewable energy sources. As of 2016, wind power had the second largest installed capacity in GW and owing to favourable government incentives, increasing energy demand specifically for clean energy, the demand and the market for wind power energy is sure to grow".
Major players operating in the wind power market are Vestas, Suzlon Energy Limited, General Electric Company, Siemens AG, Goldwind, Enercon GmbH, Nordex SE, Senvion S.A., Envision Energy, ABO Wind AG, Vattenfall AB, RWE Group, E.ON SE, Eneco Group, Doosan Heavy Industries and Construction, Northland Power, Dong Energy, NextEra Energy, Inc., EDP Renewables and Mingyang Wind Power.
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