Exclusive extracts from this 69-page-long report:
- Who are the key players?
The renewable energy industry can be loosely divided into power equipment manufacturers and green energy providers. Equipment makers include companies specialised in power generation, transmission and distribution products. Energy companies operate power plants, transporting and marketing electric power to private and commercial customers. Several green equipment industry leaders, including Toshiba, GE and Siemens, also provide gear for traditional fossil fuel and nuclear power plants. [...]
Groups analysed in this report include: Toshiba, Vestas, Dong Energy, GE Renewable Energy, Siemens, Goldwind, First Solar, SunPower, Andritz and Yingli Green Energy.
- What are the players' strategies?
Capitalising on its global footprint and diversified wind equipment portfolio, Vestas aims to strengthen its focus on “profitable growth” in both developed and developing markets, where demand for wind energy is growing, and increase its installed capacity. Recent awards include 15-to-20-year service agreements (renewal) in the US and Western Europe, a dozen new equipment orders in China and the US, its first ever orders in Honduras and Mongolia, its largest onshore order to date in the UK, etc. […]
- What are the players' key growth and profitability drivers?
Siemens delivered significantly less green power equipment volumes in the Americas in 2016. This was offset by moderate growth in all other markets, with 2016 revenue growing 5.5% yoy. Profitability in 2016 rose, thanks to offshore wind and services provision as well as lower installation costs.