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Ranking of Chinese wind turbine manufacturers in 2023

Top 1 ranking of Chinese wind turbine manufacturers with the most newly signed contract capacity (including domestic and international markets) is Envision Energy.

Top 1 ranking of Chinese wind turbine manufacturers with the most newly signed contract capacity in the international market alone (outside of China) is wind turbine company Envision Energy.

Chart: China Wind Power News (China Wind Daily). Source: China Wind Power Database.

 

Chart: China Wind Power News (China Wind Daily). Source: China Wind Power Database.

In Vietnam, along with the change in the Government's electricity price policy, many transitional wind power projects of Power Plan VII and projects under Power Plan VIII have had their electricity purchase prices adjusted to below 7 Cent/kWh and no longer benefit from the FIT electricity price policy (October 2021) as before. This is a difficult problem for investors to solve financial plans and gain profits from wind power projects. Therefore, currently many wind power investors decide to choose to use wind turbines from leading Chinese companies such as Envision to install their projects.

With the advantage of much lower prices compared to Europe or the United States and after 2 years of actual operation in Vietnam, wind turbines from leading Chinese companies have proven their power generation output, as well as The quality is not inferior to the same type of technology from developed countries.

In addition, Chinese wind power technology also has advantages in turbine operating costs, as well as many flexible and suitable options for coordinating project operations with investors.

In the current difficult wind power investment situation in Vietnam, choosing to use technology at a reasonable price will bring success to wind power investors./.

Source: Vietnam Energy

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