Intelligence
Vestas is still the World Leader in the Wind Industry
2012-03-28 14:49

Market research from leading wind industry research group BTM Consult has confirmed Vestas as the global wind energy leader in 2011, coming just weeks after IHS Emerging Energy Research (EER) also showed Vestas maintaining its number one position.

BTM has reported Vestas’ global market share to be 12.9 per cent, based on installations in 2011, backing up EER’s figure of 12.7 per cent, which showed Vestas widening its global market share lead on competitors.

Juan Araluce, Vestas’ Executive Vice President of Sales, welcomes the news of the latest report from BTM. “What we have seen today with the release of the analysis from BTM underlines that despite the challenging economic conditions and incredibly tough market for wind energy suppliers, Vestas has maintained our number one position,” he says. “As Vestas reorganizes, we will continue to put our focus on understanding and meeting our customers’ needs – the same focus that has helped us to become the global leader in wind energy.”

 “2012 will be another challenging year for Vestas and the wind industry, but it has already been a good start to the year, highlighted by a record 396MW order from Mareña Renovables in Mexico. Based on our product quality, our focus on cost of energy and our ability to provide a wide range of offerings makes me confident that Vestas will retain its leading position in the wind industry.”

 
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