About Ranking of state-owned enterprises in wind power generation projects
State-owned players the absolute dominant: the top-10 ranking provides a telling clue to the fact that state-owned enterprises (SOEs) are the absolutely dominant force in the wind market. Except for Beijing Tianrun, all nine of the top-10 wind developers are state-owned or state-run.
State-owned players the absolute dominant: the top-10 ranking provides a telling clue to the fact that state-owned enterprises (SOEs) are the absolutely dominant force in the wind market. Except for Beijing Tianrun, all nine of the top-10 wind developers are state-owned or state-run.
In GWEC Market Intelligence’s most recent update to the global wind asset owners database, the trend of power generators playing an increasingly central role as key players in wind farm ownership continues. By the end of 2019, the top 15 wind farm owner-operators held over one-third of the total 650 GW of onshore and offshore assets globally.
Net additions of global top owners' wind and solar assets reached a record high of 113 GW by Jan. 1, 2023, marking a 28% growth from the previous year. Collectively, global top 30 asset owners held 626 GW of solar and wind assets, accounting for 32% of the world's total.
Just over one third of the 650 GW of installed onshore and offshore wind power capacity globally was in the hands of the top 15 wind asset owner-operators at the end of 2019, according to the Global Wind Energy Council (GWEC). These 15 own 232 GW, or 36% of the total. Seven among them are Chinese state-owned power generators.
China’s power generation companies have carried out a phenomenal renewable capacity expansion in the past 2019 and 2020. China’s renewable developers—most of which are state-owned companies—rushed to connect their projects in the pipeline, as subsidy sunset for most renewable projects from 2021 onward.
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6 FAQs about [Ranking of state-owned enterprises in wind power generation projects]
Who owns the most wind power in the world?
Seven among them are Chinese state-owned power generators. The majority of the wind assets held by these seven Chinese players are confined to Asia Pacific -- in their home country they own 60% of all capacity. The remainder of the top 15 asset owners are companies that are active on the global stage, GWEC said.
Who owns the most wind assets in China?
With China being the largest wind market in recent years, it is no surprise that Chinese utilities continue to dominate the top 15 ranking of wind asset owners. Most of the assets held by the seven Chinese state-owned power generators by the end of 2019, however, are still located in Asia Pacific.
Who owns the world's largest wind farm?
By the end of 2019, the top 15 wind farm owner-operators held over one-third of the total 650 GW of onshore and offshore assets globally. The newly merged China Energy (formerly Guodian Group and Shenhua Group) is by far the largest asset owner, with more than double the capacity under their ownership compared to the second place China Huaneng.
Who are the top non-Chinese wind asset owners?
The non-Chinese top asset owner are active globally – Iberdrola, EDPR, Enel Green Power, RWE, Acciona, EDF, NextEra and Berkshire Hathaway Energy. With China being the largest wind market in recent years, it is no surprise that Chinese utilities continue to dominate the top 15 ranking of wind asset owners.
Are power generators a key player in wind farm ownership?
In GWEC Market Intelligence’s most recent update to the global wind asset owners database, the trend of power generators playing an increasingly central role as key players in wind farm ownership continues. By the end of 2019, the top 15 wind farm owner-operators held over one-third of the total 650 GW of onshore and offshore assets globally.
Which state produces the most wind energy?
In July, South Dakota took the top spot on the list, producing 38% of its total electricity from wind. Electricity productions from wind in the United States increased by 0.7% from July 2023 to July 2024. Following are the top 10 states with an increase in wind energy generation since last year. Which states have the most wind turbines?
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