Foundry Daily News

Sinovel Wind Group unveils first 6 MW wind turbine in China

Shanghai Daily reported that China's largest wind equipment marker Sinovel Wind Group Co has unveiled the nation's first 6 MW wind turbine to challenge global leaders such as Denmark's Vestas.

Mr Tao Gang SVP of Sinovel said that "With the development of the wind industry, especially advances in offshore wind technology, the development of larger wind turbines has become an inevitable trend."

Turbine makers, which now rely on 1.5 MW, 2.5 WM and 3 MW turbines for the bulk of their sales, are developing bigger turbines.

Vestas, the world's largest turbine maker by market share, in March 2011 unveiled a 7MW offshore turbine, which may be in production in early 2015. Britain, the United States and Norway as well as Beijing based Sinovel have started developing a 10 MW prototype.

After years of robust expansion, China overtook the US last year as the nation with the biggest installed wind capacity. But analysts said annual installation may have peaked in 2010 and turbine makers may struggle this year amid overcapacity and keen price competition.

Mr Patrick Dai analyst at UBS Securities said that "We are pessimistic about the wind equipment sector." He suggested domestic players should seek more overseas contracts to tap on their price advantage.

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