- EnBW explores Chinese wind turbines as an option for future projects, driven by economic factors and limited Western suppliers.
- The European wind turbine industry faces pressure from Chinese companies like Goldwind and Mingyang Smart Energy, which offer competitive pricing.
- EnBW remains focused on existing partnerships with European and US manufacturers but keeps the possibility of using Chinese suppliers open.
German energy giant EnBW actively explores the potential use of Chinese wind turbines for future renewable energy projects, driven by economic considerations and the limited number of Western suppliers. Chief Financial Officer Thomas Kusterer disclosed the company’s strategic assessment during a press briefing after presenting EnBW’s first-half financial results on Friday, August 9.
EnBW relies on European and American manufacturers for its onshore and offshore wind energy installations. Kusterer emphasised the company’s need to evaluate the broader market landscape as it plans future developments.
“We naturally have only a limited number of suppliers for wind turbines. This applies to onshore and offshore,” Kusterer stated. “In the future, dealing with Chinese manufacturers could be theoretical. We must consider it due to its economic component, but this is not an issue for us now.
The potential shift toward Chinese suppliers reflects broader global wind energy market trends, where Chinese companies continue to make significant inroads. Major players such as Goldwind, Mingyang Smart Energy, and Windey expand their market share through competitive pricing and technological advancements.
European manufacturers express concerns that these Chinese rivals might outcompete them and disrupt the regional market. Kusterer underscored EnBW’s current focus on collaborating with established European and US partners.
However, he acknowledged that the company may turn to Chinese manufacturers if economic conditions necessitate such a move. “While we do not actively pursue this option right now, we must remain open to all possibilities, especially when economic benefits exist,” Kusterer added.
EnBW’s consideration of Chinese turbines is critical for the European wind turbine industry, which faces mounting challenges from global competition. The influx of Chinese products, often available at lower costs, fuels debates over market dynamics and the future of European domestic manufacturing. Industry experts warn that European companies must adapt or risk losing significant market share to their Chinese counterparts.
As EnBW navigates these complex market conditions, the company’s decision to incorporate Chinese turbines may signal broader shifts within the renewable energy sector. EnBW remains committed to its current supply chain but stresses the importance of flexibility in an increasingly competitive global market.