Chinese wind companies expand overseas

Despite the difficulties in the Western wind market, Chinese equipment companies are increasingly competitive and looking to expand internationally with advantages such as massive scale, lower cost and diversification.

Share:

Despite the difficulties in the western wind market, Chinese original equipment manufacturers (OEMs) have been protected by a strong domestic market and a local supply chain. Today, the Chinese onshore industry is ready to capitalize on its advantages to conquer new territories.

 

Expansion of Chinese suppliers in the offshore market

Chinese suppliers are already ahead of the curve in the offshore market, exporting their first order of jackets and monopiles in 2022. With a healthy cost base, oversupply and strong financials, Chinese suppliers are more competitive than ever and continue to expand their presence.

 

Advantage of onshore wind power

Chinese wind companies are looking to expand overseas through several channels, ranging from asset investment to equipment supply to engineering, procurement and construction (EPC). China benefits from its massive scale, lower cost and diversification. However, there are obstacles to overcome, such as funding, increased technical requirements, protectionist policies, and increasing geopolitical risks.

 

Key to global success: local presence

To succeed overseas, Chinese companies must take a proactive approach and have a local presence. This will ensure that projects meet local market demand and counter protectionist opposition. Chinese companies are actively seeking to collaborate with Western companies to build a sustainable supply chain. Emerging markets and massive infrastructure projects could offer considerable opportunities for Chinese wind companies.

 

  • Populaires ​
Renewable energy: access improving, but financing still insufficient for Africa
Enbridge Gas Ohio challenges tariff ruling cutting its revenues by $30mn
Natural hydrogen: France on the verge of redefining its national and European energy strategy
Iberdrola increases supplementary dividend by 16.5% to €0.409 per share
Iberdrola launches metocean studies for Australian offshore wind farm
Brazil: renewable energy curtailment to jump by 300% by 2035
Rapid growth in solar and wind capacities will lead to a significant rise in electricity curtailment in Brazil, as existing transmission infrastructure remains inadequate to handle this massive influx of energy, according to a recent study by consulting firm Wood Mackenzie.
NeXtWind secures €1.4 billion to expand wind energy in Germany
German company NeXtWind signs historic €1.4 billion debt financing to accelerate expansion and modernisation of its onshore wind farms and reach a total capacity of 3 GW by 2028.
TGS wins strategic offshore wind contract in Norway
Energy company TGS has won a major high-resolution geophysical imaging contract for offshore wind site characterization in Norway, strengthening its position in this rapidly growing market.
ENGIE launches largest wind farm in Africa and Middle East in Egypt
ENGIE begins full operation of the Red Sea Wind Energy wind farm in Egypt, increasing its capacity to 650 MW, four months ahead of schedule, now powering over one million homes in the region.
South Korea reduces its dependence on fossil fuels below 50%
In April 2025, fossil fuels represented 49.5% of South Korea's electricity mix, dropping below the symbolic threshold of 50% for the first time, primarily due to a historic decline in coal-generated electricity production.
Tokyo Gas acquires two wind projects in Finland via its European subsidiary
Tokyo Gas, through TOWII Renewables, a joint venture with EWII, purchases two onshore wind projects developed by Finnish company Puhuri, totalling 74.4 MW, marking its expansion beyond the Danish market.
Germany allocates €450mn to modernise Lower Saxony’s electricity grid
The European Investment Bank grants EWE AG historic €450mn financing for the installation of 2,600 km of underground power lines and the upgrade of over 1,100 substations in Lower Saxony.
Japan and Siemens Gamesa sign strategic offshore wind agreement
Japan’s Ministry of Industry and Siemens Gamesa Renewable Energy launch a strategic partnership to develop local offshore wind supply chains and strengthen the country's industrial competitiveness in this energy sector.
Energiekontor launches new investment in Nartum wind farm in Lower Saxony
Energiekontor AG confirms financial close for the Nartum wind farm, adding 23 megawatts to its owned portfolio and starting the construction phase in the Rotenburg district, Lower Saxony.
US Senate adopts tax neutrality for advanced biofuels
The US Senate Finance Committee modifies the '45Z' tax credit to standardize the tax treatment of renewable fuels, thereby encouraging advanced biofuel production starting October 2025.
China and the United States improve their energy performance in an unstable global context
While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.
Airloom Energy launches strategic wind energy pilot project in the United States
Airloom Energy begins construction of a pilot site in Wyoming to test an innovative turbine aimed at enhancing American energy security in the face of anticipated growth in electricity demand.
Sale of wind farm in Peru: ACCIONA Energía receives 253 million USD
ACCIONA Energía transfers the San Juan de Marcona wind farm to Luz del Sur S.A.A., a major player in Peru's energy sector, for up to USD 253 million, pending necessary regulatory approvals.
Algeria and Angola strengthen energy cooperation at US–Africa summit
On the sidelines of the US–Africa summit in Luanda, Algiers and Luanda consolidate their energy collaboration to better exploit their oil, gas, and mining potential, targeting a common strategy in regional and international markets.
Encavis acquires two German wind farms totalling 59 MW from Energiequelle
German operator Encavis AG strengthens its portfolio by acquiring two wind farms in Lower Saxony and Saxony, totalling 59 MW, in a transaction with Energiequelle GmbH, thereby expanding its renewable energy assets.
UK urged to accelerate electricity price reforms
The UK's Climate Change Committee is urging the government to quickly reduce electricity costs to facilitate the adoption of heat pumps and electric vehicles, judged too slow to achieve the set climate targets.
Brussels expands subsidies for low-carbon technologies and nuclear power
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Ocergy launches 15 MW floating wind turbine pilot project with international partners
Ocergy officially launches an industrial project aiming to install by 2028 a new-generation floating wind turbine of over 15 MW, in partnership with EnBW, Kyuden Mirai, and TEPCO Renewable Power.
Japan Faces Major Electricity Shortfall of 89 GW by 2050
Japan's grid operator forecasts an energy shortfall of up to 89 GW by 2050 due to rising demand from semiconductor manufacturing, electric vehicles, and artificial intelligence technologies.
EU Approves Targeted Energy Aid for Europe’s Heavy Industries
Energy-intensive European industries will be eligible for temporary state aid to mitigate high electricity prices, according to a new regulatory framework proposed by the European Commission under the "Clean Industrial Deal."

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS