According to its statistics, CWEA said 23.3GW of new capacity was installed in 2016 – a fall of approximately 24% on 2015. For the first time, there was more newly installed solar power (34.5GW) in China than wind.
Once again, Goldwind led the rankings with over 6.3GW installed, accounting for 27% of the market share comprising 25 manufacturers.
The top ten OEMs were all domestic companies, showing the dominance of the country's firms.
Envision leapfrogged United Power in to second place for the first time, with just over 2GW installed. United Power fell to fourth in the list, with 1.9GW installed, behind Ming Yang with 2GW.
|Manufacturer||Installed in 2016 (MW)||Market Share|
United Power's fall from second to fourth could have several possibilties, said Feng Zhao, senior director at FTI Consulting, most notably the 22% fall in installations in 2016 of its parent comapany, developer Guodian.
Zhao also pointed out that since 2013, the market share of OEMs outside the top ten has fallen from 22.2% to 15.8% in 2016, while the country's top five has increased its share from 54.1% to 60.1%
"[This] is a sign that the consolidation is likely to take place and more small suppliers are likely to be pushed out of the competition," Zhao said.
Foreign OEMs Vestas (510MW), Gamesa (498MW) and GE (205MW) increased their combined market share to 5% in 2016, up from 2.3% in 2015.
Vestas managed to increase its market share from 0.9% in 2015, to 2.2% in 2016, according to the figures, making it the 12th largest OEM in China last year.
In the offshore sector, China installed 592MW in 2016, according to CWEA. Shanghai Electric installed 82.5% of the offshore total after acquiring a turbine license off Siemens in 2014.