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. 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, China鈥檚 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 lion鈥檚 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 contracts.
Goldwind as China’s largest wind turbine manufacturer assigns its subsidiary China Tianyuan New Energy Technology to conduct wind farm O & M business. As of the end of August 2015, it had provided O & M services and technical support for 17,000 wind turbines and more than 500 wind farms.
East Environment Energy, a key third-party O&M company, has set up an intelligent energy O & M service center to monitor wind farms in real time. In the first half of 2015, the company鈥檚 wind farm O & M revenue amounted to RMB37.358 million, up 3% year on year.(RIC)
