GE became the top wind turbine installer in the world

According to Bloomberg NEF, the renewable power developers has added a record 96.3 gigawatts of wind turbines in 2020 i.e., 58% up in comparison to the year before.

GE became the top wind turbine installer in the world

Last year, General Electric Co. became the top wind turbine installer in the world as generous subsidies supercharged the market. According to Bloomberg NEF, the renewable power developers has added a record 96.3 gigawatts of wind turbines in 2020 i.e., 58% up in comparison to the year before. As solar and wind is becoming one of the cheapest ways to produce electricity and a key part of governments’ efforts to cut down the dependence on fossil fuels.

GE and Xinjiang Goldwind Science & Technology Co. Ltd. topped in booming the U.S. and China markets and became the top two suppliers of turbines globally. The turbine business is becoming increasingly dominated by someof the global playersGE, Goldwind, Vestas and Envision accounted for more than half of all the wind machines sold.

Siemens Gamesa Renewable Energy SA was the top installer of offshore wind turbines it added up to 1.91 gigawatts.

General Electric Company is an American multinational conglomerate, the company operates in aviation, healthcare, power, renewable energy, digital industry, additive manufacturing and venture capital and finance sector.