May 06, 2024 05:43 PM

BUSINESS

Charts of the Day: Chinese Wind-Turbine Makers’ Global Dominance

By You Xiaoying

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Chinese wind-turbine makers made up four of the world’s top five manufacturers last year, the first time they have achieved such dominance over the global industry, a new analysis showed.

The achievement came on the back of strong growth in their home market. China accounted for 65% of the world’s newly added wind power capacity in 2023, consultancy Wood Mackenzie said on Wednesday.

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