Wind power tower supply

Which countries supply the most offshore wind towers in Europe?

Spain and Denmark lead European offshore wind tower supply, accounting for about 90% of the estimated 1.1 million tonnes of the continent’s supply. For more analysis, insights and reports, clients and non-clients can apply for access to Rystad Energy’s Free Solutions and get a taste of our data and analytics universe.

Will wind tower manufacturing capacity exceed demand in 2029?

Rystad Energy’s offshore wind capacity outlook shows that wind tower manufacturing capacity will keep pace and exceed demand before 2028. However, that year is the turning point, and in 2029, demand will surpass manufacturing capacity by a significant margin.

Will offshore wind tower demand surpass manufacturing capacity in 2029?

However, that year is the turning point, and in 2029, demand will surpass manufacturing capacity by a significant margin. Steel demand for offshore wind towers will total more than 1.7 million tonnes in 2029, but manufacturing capacity will be a maximum of around 1.3 million tonnes, meaning supply can only meet about 70% of demand.

How big is China's offshore wind turbine manufacturing capacity?

With recently invested offshore wind turbine assembly facilities located in Zhejiang, Shandong, Liaoning and Hainan Provinces coming online in the next two years, the annual offshore wind turbine manufacturing capacity in China is likely to reach 20 GW from today’s 16 GW.

Did wind turbine suppliers supply a new record volume in 2022?

19 May 2022, BRUSSELS | Wind turbine suppliers supplied a new record amount of volume in 2022, according to GWEC’s annual Supply Side Data.

Who are China's top offshore wind suppliers?

Thanks to an astounding level of offshore wind growth in China driven by the feed-in tariff cut-off, Chinese suppliers dominated the offshore wind rankings last year with Siemens Gamesa and Vestas dropping out of the top three for the very first time.