Words of Wisdom:

"Beer is proof that God loves us and wants us to be happy. (Bejamin Franklin)" - Aaron19888

Market Report on Global and China Wind Farm Operation and Maintenance (O&M) Industry [2015-2018]

  • Date Submitted: 12/25/2015 09:57 PM
  • Flesch-Kincaid Score: 56.5 
  • Words: 735
  • Essay Grade: no grades
  • Report this Essay
Dec., 26, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Report on Global and China Wind Farm Operation and Maintenance (O&M) Industry [2015-2018]”. At present, players in the Chinese wind farm O&M market can be divided into three main types: wind turbine manufacturers, wind farm developers and third-party O&M companies.

In 2014, the global wind farm O & M market size hit USD9.25 billion, representing a year-on-year growth rate of 25.8%; by 2018, the market size is expected to reach USD13.78 billion. "http://www.marketreportsonchina.com/energy-utility-market-research-reports-20177/global-china-wind-farm-operation-maintenance.html" The mainstream onshore wind farm O & M market seized the share of 90.2% in 2014, much higher than the rest offshore wind farm O & M market. With the accelerating construction of offshore wind power, the global offshore wind farm O & M market is expected to grow at above 20% in 2015-2018.

China ranks first worldwide in terms of wind farm O&M market size. In 2014, the country achieved USD2.18 billion, accounting for 23.6%. Since the warranty period of a large number of wind turbines made in 2009 is approaching, Chinas wind farm O & M market size will surge to USD3.512 billion by 2018.

At present, players in the Chinese wind farm O&M market can be divided into three main types: wind turbine manufacturers, wind farm developers and third-party O&M companies. In 2015, wind farm developers enjoy the lions share --74.6%, followed by wind turbine manufacturers with 14.8%. Third-party O&M companies have a relatively small scale owing to technical barriers.

Concord New Energy is a major wind farm developer in China. Its wind farm O & M business is operated by its subsidiary Beijing Concord O & M Wind Power Technology Co., Ltd. with five maintenance bases. In the first half of 2015, the company completed 39 wind farm O & M projects, signed 11 scheduled inspection service contracts and 10 preventive service...

Comments

Express your owns thoughts and ideas on this essay by writing a grade and/or critique.

  1. No comments