Wind Turbine Market Shares, Strategies, and Forecasts, Worldwide, 2010-2016

Table of Contents

Wind Turbine Executive Summary

Utility Scale Wind Turbine

Executive Summary ES-1

Wind Turbine Market Driving Forces ES-1

Wind Turbine Market Shares ES-4

Wind Turbine Market Forecasts ES-5

Wind Turbine Market Description And Market Dynamics

1. Utility Grade Wind Turbine Market Description and Dynamics 1-1

1.1 Wind Farms Set To Become More Common 1-1

1.2 Benefits of Wind Power for Utilities 1-5

1.3 Wind Power Variable Nature 1-6

1.3.1 Cost to Integrate Wind Power 1-7

1.3.2 Key Benefits Utilities Are Realizing with Wind Power 1-7

Wind Turbine Market Shares And Market Forecasts

2. Utility Wind Turbine Market Shares and Forecasts 2-1

2.1 Wind Turbine Market Driving Forces 2-1

2.2 Wind Turbine Market Shares 2-4

2.2.1 Vestas 2-8

2.2.2 Gamesa Corporacion Tecnologica S.A. 2-9

2.2.3 Suzlon in India 2-10

2.2.4 Suzlon Worldwide 2-10

2.2.5 Suzlon / REpower Systems AG 2-10

2.2.6 Sinovel 2-10

2.2.7 Enercon GmbH 2-11

2.2.8 GE 2-11

2.2.9 Siemens Wind Power A/S 2-12

2.2.10 Entegrity Wind Systems Inc. 2-13

2.2.11 Acciona Energ A.S.A. 2-13

2.2.12 Goldwind Science & Technology 2-14

2.3 Wind Turbine Market Forecasts 2-14

2.3.1 On-Shore Turbine Market Forecast 2-17

2.3.2 Offshore Wind Turbines Market Forecasts 2-18

2.3.3 Challenges For Offshore Wind 2-20

2.3.4 Storage Needed to Accommodate the Variable

Nature of Wind Power 2-21

2.3.5 Wind Energy Storage 2-23

2.3.6 Cost Of Wind Integration 2-25

2.3.7 Eurpoean Forecasts 2-25

2.4 Turbine Blade Markets 2-26

2.4.1 LM Glasfiber Turbines 2-26

2.5 Mergers And Acquisitions 2-27

2.6 Design Of Wind Turbines 2-27

2.7 Wind Turbine Transport 2-28

2.8 Air Polution 2-29

2.8.1 Cumulative & Annual Emission Reductions 2-30

2.9 Wind Electricity Transmission Capability 2-31

2.10 Utility Scale Wind Turbine Regional Market Segments 2-32

2.10.1 US Wind Transmission 2-34

2.10.2 Wind Electricity Hydrogen Storage in California 2-38

2.10.3 Wind Turbine US and China Regional Analysis 2-38

2.10.4 US 2-39

2.10.5 U.S. Offshore Wind Resources 2-40

2.10.6 US 2-41

2.10.7 Wind Penetration In the US 2-41

2.10.8 US Use of Wind Turbines 2-41

2.10.9 Utilities Adding Wind Power Supply Mix in US 2-43

2.10.10 Iowa Leads In Terms Of Percentage Of Electricity

From Wind Power, Getting 14% Of Its Power From The Wind 2-44

2.10.11 China 2-44

2.10.12 China Sinovel 2-44

2.10.13 Goldwind Science & Technology 2-44

2.10.14 India Suzlon 2-45

2.10.15 High Wind Penetration and Reliable Operation In Europe 2-45

2.10.16 European Use of Wind Turbines 2-45

2.10.17 Spain Gamesa Corporacion Tecnologica S.A. 2-46

2.10.18 Germany Enercon GmbH 2-46

2.11 Growing Photovoltaic Market 2-47

2.11.1 France A Growing Photovoltaic Market. 2-47

2.11.2 Gamesa 2-49

Wind Turbine Product Description

3. Utility Grade Wind Turbine Product Description 3-1

3.1 Vestas Wind Systems A/S Large Wind Turbine Products 3-1

3.1.1 Vestas in China 3-1

3.1.2 Vestas Thanet Offshore Wind Farm Ramsgate Port 3-4

3.1.3 Dunkirk Port 3-4

3.1.4 Vestas Turbines 3-8

3.1.5 Vestas GridStreamer™ 3-10

3.1.6 Vestas CoolerTop™ 3-11

3.1.7 Vestas Hydraulic Pitch 3-11

3.2 GE Wind Energy Primary Activities 3-11

3.2.1 GE Energy 3-14

3.3 Siemens Wind Power A/S 3-15

3.3.1 Siemens Rotors 3-18

3.3.2 Siemens Blades 3-18

3.3.3 Siemens Gearbox and Brake 3-18

3.3.4 Siemens Generator 3-19

3.3.5 Siemens Tower 3-19

3.3.6 Siemens Controller 3-19

3.3.7 Siemens Operation 3-19

3.3.8 Siemens Safety System 3-20

3.3.9 Siemens Remote Control 3-20

3.3.10 Siemens Grid Compliance 3-20

3.3.11 Siemens Wind Turbine Technical Specification 3-20

3.3.12 Siemens Wind Turbine Design 3-23

3.4 Enercon GmbH 3-24

3.5 Gamesa Corporacion Tecnologica S.A. 3-31

3.6 Suzlon 3-32

3.6.1 Suzlon / REpower Systems AG 3-33

3.6.2 REpower Product Range 3-34

3.7 Nordex AG 3-35

3.7.1 Nordex Wind turbines 3-36

3.7.2 Nordex N100 (2.5 Megawatt) 3-37

3.7.3 Nordex N100 (2.5 Megawatt) 3-37

3.7.4 Nordex Rotor 3-38

3.7.5 Nordex Drive train 3-38

3.7.6 Nordex Gearbox 3-38

3.7.7 Nordex Generator 3-39

3.7.8 Nordex Cooling And Filtration 3-39

3.7.9 Nordex Braking System 3-39

3.7.10 Nordex Nacelle 3-40

3.7.11 Nordex Yaw System 3-40

3.7.12 Nordex Tower 3-40

3.7.13 Nordex Control And Grid Connection 3-40

3.7.14 Nordex Lightning Protection 3-41

3.7.15 Nordex N90 (2.5 Megawatt) 3-41

3.7.16 Nordex N80 (2.5 Megawatt) 3-42

3.7.17 Nordex S82 (1.5 Megawatt) 3-42

3.7.18 Nordex S77 (1.5 Megawatt) 3-43

3.7.19 Nordex S70 (1.5 Megawatt) 3-43

3.8 Sinovel Wind Co., Ltd 3-43

3.8.1 Sinovel SL3000 Series Wind Turbine 3-46

3.8.2 Sinovel SL1500 Series Wind Turbine 3-46

3.9 Acciona Wind Turbines 3-47

3.9.1 Acciona Wind Turbines 3-47

3.9.2 Acciona Windpower, A Global Supplier 3-47

3.9.3 Acciona Wind Turbine Assembly Plants 3-48

3.9.4 Acciona Working On Design Since 1997 3-49

3.10 BP 3-49

3.11 Clipper 3-50

3.11.1 Clipper Liberty 2.5 MW Wind Turbine: Clipper Design 3-51

3.12 Nacel Energy Corporation 3-53

3.13 Rooftop Wind Power 3-54

3.14 Urban Green Energy 3-55

3.15 CSIC Holdings / HZ Windpower Co., Ltd. 3-55

3.16 Wind Energy Solutions bv 3-56

3.17 Fuhrl nder Aktiengesellschaft 3-56

3.18 Winwind Ltd 3-57

3.19 Eoltec SAS 3-57

3.20 Goldwind Science & Technology 3-58

3.21 LM Glasfiber A/S 3-58

3.22 Entegrity Wind Systems Inc. 3-59

3.23 Energy Study Centre [ESC] 3-60

3.24 Acciona Energ A, S.A. 3-61

3.25 Alaska Wind Turbine 3-62

3.26 Northern Power Systems 3-62

3.27 Qingdao Jintaida Industry&Trade Co., Ltd 3-63

3.28 Rizhao Bluecarbon Technology Con., Ltd 3-71

3.29 Dezhou Xinqu Renewable Energy Technology Co., ltd 3-71

3.30 SkyRota LGC 3-71

3.31 Nanjing Supermann Industrial &Trading Co., Ltd. 3-72

3.32 Wind Pacific (Aust) Pty Ltd 3-72

Wind Turbine Technology

4. Utility Scale Wind Turbine Technology 4-1

4.1 Wind Turbines Take Over the Landscape 4-1

4.2 Wind Farms and Radar 4-4

4.3 Vestas Technologies Testing Capabilities 4-5

4.3.1 Vestas Blade Technology 4-6

4.3.2 Vestas Smart Controls 4-7

4.3.3 Vestas Research and Innovation 4-7

4.3.4 Vestas Stealth Research 4-7

4.4 Vestas Floating Foundations 4-8

4.5 Sinovel National Energy Offshore Wind Power 4-8

4.6 Turbines Hybrid Gas-Wind Turbine System 4-10

4.7 How A Wind Turbine Works 4-11

4.7.1 Density Of Air 4-11

4.7.2 Rotor Area 4-12

4.7.3 Wind Speed 4-12

4.7.4 Metal Components 4-14

4.7.5 Forged Parts 4-15

4.7.6 Cast Parts 4-16

4.7.7 Machined Parts 4-17

4.8 Barriers to Wind Turbine Market Entry 4-17

4.9 US National Renewable Electricity Standard (RES) 4-18

4.9.1 A Renewable Electricity Standard (RES) 4-19

Wind Turbine Company Profiles

5. Wind Turbine Company Profiles 5-1

5.1 Acciona Energ a, s.a. – 5-1

5.1.1 Acciona Wind Towers 5-1

5.1.2 Acciona World Leader In Renewables 5-1

5.1.3 Acciona (Navarre, Spain) 5-3

5.1.4 Ten Entities Finance Acciona's Eurus Windpark In

Mexico With Usd375m 5-4

5.1.5 Acciona Energy Wind parks in Mexico 5-5

5.1.6 Acciona And Dhamma Energy Sign An

Agreement To Develop 250 Mw Of Photovoltaic Power In France 5-5

5.1.7 Acciona Financial information 5-7

5.1.8 Acciona2009 Revenue Results 5-8

5.1.9 Acciona Business strategy 5-8

5.1.10 Acciona Project Development 5-9

5.1.11 Acciona Exploitation And Sale Of Power 5-11

5.1.12 Acciona Wind Energy 5-13

5.1.13 Acciona Production 5-14

5.1.14 Acciona Photovoltaic 5-14

5.1.15 Acciona Other Facilities 5-15

5.1.16 Acciona Solar Thermal Power 5-16

5.1.17 AccionaFour Plants in Spain 5-17

5.1.18 Acciona Installations for Customers 5-17

5.1.19 Acciona Hydropower 5-18

5.2 Alaska Wind Turbine – 5-26

5.3 Blue Carbon Technology 5-26

5.4 Clipper Windpower 5-27

5.4.1 Clipper Windpower Liberty Wind Turbine 5-28

5.5 CSIC holdings / HZ Windpower Co., Ltd. 5-28

5.6 Enercon 5-29

5.7 Gamesa Corporacion Tecnologica S.A. – 5-33

5.7.1 Gamesa Installs A Further 52 MW in Spain 5-34

5.7.2 Gamesa Installs 10 MW in Mexico 5-35

5.7.3 Gamesa Revenue 5-35

5.8 GE 5-41

5.8.1 GE Energy – 5-41

5.8.2 GE Technology to Boost the Output of NextEra

Energy Resources’ U.S. Fleet of Wind Turbines 5-41

5.9 NextEra 5-42

5.9.1 NextEra Energy Revenue 5-43

5.9.2 NextEra Energy Resources 5-43

5.10 Nordex AG – 5-45

5.10.1 Nordex Revenue 5-46

5.11 Qingdao 5-49

5.12 Siemens Wind Power A/S – 5-50

5.12.1 Siemens Fossil Power Generation 5-51

5.12.2 Siemens Renewable Energy Revenue and Orders 5-53

5.12.3 Siemens Regional Revenue 5-55

5.13 Suzlon Energy Limited – 5-56

5.13.1 Suzlon Energy Limited 5-57

5.13.2 Suzlon acquires REpower 5-57

5.13.3 Suzlon Starts In Textile Industry 5-58

5.13.4 Suzlon wins 19.2 MW Repeat Order From The

Baidyanath Group 5-60

5.13.5 Suzlon in India 5-61

5.13.6 Suzlon Supplies the Malpani Group 5-62

5.13.7 Suzlon / Repower / REpower Systems AG –

REpower USA Corp. – 5-69

5.13.8 Suzlon / REpower 5M Goes Offshore 5-71

5.13.9 Suzlon / REpower 5M Largest Wind Turbine

Size Of Two Soccer Fields 5-71

5.13.10 The Suzlon / REpower 5M Beatrice project 5-72

5.13.11 Suzlon / REpower: One gigawatt now installed in France 5-74

5.13.12 Suzlon / REpower International 5-75

5.13.13 Suzlon / REpower Revenue 5-76

5.13.14 Suzlon Group Owns 90% of REpower 5-78

5.14 Sinovel 5-80

5.14.1 Sinovel Provides Clean Energy And Power The World 5-82

5.14.2 Shanghai Donghai Bridge 102MW Offshore

Wind Farm Pilot Project 5-85

5.15 Vestas 5-85

5.15.1 Vestas Revenue 5-86

5.15.2 Vyse Tass Added 48 Megawatt Clean Energy

Fujian Energy Wind 5-87

5.15.3 Vestas 32 MW Order In Sweden 5-88

5.15.4 Vestas order 570 MW in California, USA 5-89

5.16 Wind Energy Solutions bv Winwind Ltd. – 5-91

List of Tables and Figures

Wind Turbine Executive Summary

Table ES-1 ES-2

Wind Turbine Market Driving Forces

Table ES-1 (Continued) ES-3

Wind Turbine Market Driving Forces

Figure ES-2 ES-4

Utility Grade Wind Turbine Market Shares, Dollars, 2009

Figure ES-3 ES-6

Utility Scale Wind Turbine Market Shipments Forecasts

Dollars, Worldwide, 2010-2016

Wind Turbine Market Description And Market Dynamics

Figure 1-1 1-2

Wind Farm Generates Electricity

Figure 1-2 1-3

Wind Turbine Size Range

Figure 1-3 1-4

How a Wind Turbine Comes Together

Table 1-4 1-5

Benefits of Wind Power for Utilities

Wind Turbine Market Shares and Market Forecasts

Table 2-1 2-2

Wind Turbine Market Driving Forces

Table 2-1 (Continued) 2-3

Wind Turbine Market Driving Forces

Figure 2-2 2-4

Utility Grade Wind Turbine Market Shares, Dollars, 2009

Table 2-3 2-5

Utility Grade Wind Turbine Market Shares, Dollars,

Worldwide, 2009 and H1 2010

Figure 2-4 2-6

Wind Turbine Market Shares, Shipped Turbines,

Installed Turbines, Installed Megawatts, Worldwide, 2009 and H1 2010

Table 2-5 2-7

Wind Turbine Market Shares, Shipped Megawatts,

Worldwide, 2009 and H1 2010

Figure 2-6 2-15

Utility Scale Wind Turbine Market Shipments

Forecasts Dollars, Worldwide, 2010-2016

Table 2-7 2-16

Utility Scale On Shore and Off Shore Wind Turbines

Dollars and Percent, Worldwide, 2010-2016

Figure 2-8 2-17

Onshore Utility Scale Wind Turbines Market Forecasts

Dollars, Worldwide, 2010-2016

Figure 2-9 2-19

Offshore Utility Scale Wind Turbines Market Forecasts Dollars,

Worldwide, 2010-2016

Figure 2-10 2-31

US Wind Power Transmission of 400 Gigawatts

Figure 2-11 2-32

Utility Scale Wind Turbine Regional Market Segments, 2009

Table 2-12 2-33

Utility Scale Wind Turbine Regional Market Segments, 2009

Figure 2-13 2-35

Texas Cost Benefits of Wind Transmission

Table 2-14 2-36

States With The Largest Percentage Of Wind Generation In 2009

Table 2-15 2-37

US State Percentage of Electricity from Wind Generation In 2009

Figure 2-16 2-39

US Wind Turbine Capacity

Figure 2-17 2-47

Enercon Regional Market Participation

Figure 2-18 2-49

Gamesa Targets China, India, and the US

Wind Turbine Product Description

Figure 3-1 3-2

Vestas Handling Wind Turbine Blades

Figure 3-2 3-5

Vestas Thanet Offshore

Figure 3-3 3-7

Vestas Geography of the Thanet Offshore Wind Farm

Table 3-4 3-8

Vestas Wind Turbine Products

Figure 3-5 3-9

Vestas Onshore and Offshore Wind Turbine Positioning

Table 3-6 3-10

Vestas Turbine Features

Table 3-7 3-12

GE Wind Turbine Products

Table 3-8 3-14

Wind Energy at GE Positioning

Table 3-9 3-16

Siemens Wind Turbine Product Set

Figure 3-10 3-23

Siemens Wind Turbine Design

Figure 3-11 3-25

Enercon Wind Turbine

Figure 3-12 3-28

Enercon E-82

Table 3-13 3-29

Enercon E82 Specifications

Figure 3-14 3-31

Enercon Drive Train With Generator

Figure 3-15 3-37

Nordex N100/2500 Largest Turbine In The Product Line

Figure 3-16 3-44

Sinovel Wind Turbines

Figure 3-17 3-50

Clipper Wind Turbine Manufacturing

Table 3-18 3-51

Clipper Liberty 2.5 MW Wind Turbine Design Components

Figure 3-19 3-65

Qingdao Jintaida Industry&Trade Wind Turbine

Figure 3-20 3-67

Qingdao Jintaida Industry&Trade Vertical Wind Turbine

Wind Turbine Technology

Figure 4-1 4-3

Wind Energy Relative Efficiency

Figure 4-2 4-13

Kinetic Energy From Wind Converted to Electrical Energy

Figure 4-3 4-14

Key Components of a Wind Turbine

Wind Turbine Company Profiles

Table 5-1 5-9

Acciona Three Lines Of Business

Table 5-2 5-12

Acciona Range Of Renewable Energy Sources

Table 5-3 5-13

Wind Power Capacity Installed By Acciona Energy By Country, 2009

Table 5-4 5-16

Photovoltaic Capacity Installed By Acciona Solar (MWp)

Table 5-5 5-18

CSP Plants Operated by Acciona Energy

Table 5-6 5-19

Hydropower capacity owned by Acciona Energy in Spain

Table 5-7 5-23

Acciona Divisions 23

Table 5-8 5-30

Enercon Production Statistics

Table 5-9 5-31

Enercon Installed Base

Worldwide

Figure 5-10 5-32

Enercon Installed Capacity

Figure 5-11 5-36

Gamesa Sales Coverage

Table 5-12 5-38

Gamesa Key Performance Indicators

Table 5-13 5-39

Gamesa Key Performance Indicators, 2010

Figure 5-14 5-45

Nordex Efficiency Class

Figure 5-15 5-46

Nordex Efficiency Class Wind Turbines

Figure 5-16 5-48

Nordex Wind Market Development 2009

Figure 5-17 5-63

Suzlon Segmetn Revenue Wind Turbines

Figure 5-18 5-65

Suzlon Profile

Table 5-19 5-66

Suzlon Subsidiaries

Figure 5-20 5-67

Suzlon Manufacturing Capacity

Figure 5-21 5-68

Suzlon Revenue

Table 5-22 5-69

Suzlon Manufacturing Facilities

Figure 5-23 5-70

Suzlon / REpower Offshore Wind Turbines

Figure 5-24 5-73

Suzlon / REpower Exclusive Turbine Supplier of Talisman

Energy (UK) and Scottish & Southern Energy (SSE) Project

Figure 5-25 5-79

Suzlon Wind Turbine Technical Data

Table 5-26 5-80

Sinovel Key Development Strategies

Figure 5-27 5-83

Sinovel Technology R&D

Figure 5-28 5-84

Sinovel Factory

Figure 5-29 5-86

Vestas Wind Generators

Table 5-30 5-86

Vestas Key Financial Figures for 2009

Figure 5-31 5-88

Vestas Wind Generator

Figure 5-32 5-89

Vestas Wind Generators