Outlook on the Wind Turbine Market in India & South East Asia – H2 2020 – ResearchAndMarkets.com

02-Dec-2020 Intellasia | BusinessWire | 10:19 PM Print This Post

DUBLIN--(BUSINESS WIRE)--The "Wind Turbine Market in India & South East Asia Outlook Update H2 2020" report has been added to ResearchAndMarkets.com's offering.


Imports of Wind turbine to India took a massive hit in H1 2020 due to supply chain restrictions, market returning to "Business As Usual" mode in H2 2020

Wind installations levels in India have significantly declined after the reverse auction mechanism was introduced in the wind sector after several years of growth. Moreover, India installed only 2.4 GW (1.23 GW in H1 2019) of wind capacity in 2019 which is close to 34% below the estimated targeted wind capacity. The dismal response of the wind capacity addition is mainly attributed to the financial stress of turbine makers, land acquisition issues and grid connectivity delays resulting in denting investors sentiments in wind segment.

However, COVID-19 outbreak has effected the supply chains that begin in or go through China. As a result of the factory shutdowns in China during H1 2020, many disruptions have been felt across the supply chain including the imports. Consequently, India turbine market take a hit due to restrictions on transportation of wind turbine from China as vital parts such as gear box, yaw components, blades for rotor, sub-parts of such blades are imported, mostly from China. As economies are returning back to the normal, the wind projects are also returning to " Business as usual" mode in H2 2020.

Key Topics Covered:

  1. This Half Yearly
  2. Key Features
  3. Leading Edge
  4. Numbers to Learn
  5. The Eighty - 20 of Industry - What Matters?
  6. Key Signposts
  7. Deployment Trends
  8. Technology
  9. Price Trends
  10. Industry Activities & Corporate Strategies

Companies Mentioned

  • General Electric
  • Vestas India
  • Suzlon
  • Inox Wind
  • Wind World
  • Indowind Energy Limited
  • Siemens Gamesa
  • Envision Energy
  • Acciona Nordex
  • ReNew Power
  • Regen Powertech Pvt. Ltd.
  • Enercon India Pvt. Ltd.
  • Orient Green Power Ltd.
  • Enel Green Power India Pvt Ltd
  • Senvion India Pvt Ltd
  • Continuum Wind Energy India Pvt Ltd
  • Hero Future Energies Pvt Ltd
  • Indian Wind Turbine Manufacturers Association

For more information about this report visit https://www.researchandmarkets.com/r/2ng5o4


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