Global Announced Wind Turbine Order Intake Overview: 2011

Key trends in this Data Insight include:

• Announced wind turbine orders surged in 2011, jumping 26% from 25.2 GW to 31.7 GW.
• Responding to an increasingly competitive market landscape, OEMs increasingly turn to framework, share-of-wallet and letter-of-intent agreements to capture volume.
• The global wind turbine market remains dominated by a few large players as a handful of vendors made up the bulk of announced deals.
• Mainly driven by a slow-down in German demand, global offshore wind turbine orders dropped by nearly 50% in 2011; the North American offshore market remained on hold, producing no new orders after the 468 MW Cape Wind deal announced in 2010.