On March 28, BTM, the world’s most authoritative wind power consultation agency, released the report of International Wind Energy Development in 2010. According to the statistical data, Sinovel’s new installed capacity of wind power has soared from 3,510MW in 2009 to 4,386MW in 2010, with its global market share surging from 9.2% to 11.1%, thus maintaining the lead at home and jumping from the third to the second in the world.

Since China’s first homemade 1.5MW wind turbine went offline at Sinovel in 2006, the company has accomplished the mass production of 1.5MW and 3MW offshore and onshore wind turbines. In October 2010, the company turned out China’s first 5MW wind turbine in October 2010. Also, the autonomous globally leading grid-friendly 6MW wind turbine is to go into production in the second quarter of 2011, making China the second country that can independently manufacture 6MW wind turbines after Germany.

Recent years have seen the drastic development of China’s wind turbine industry: the recent Statistics on Installed Capacity of China’s Wind Power in 2010 by China Wind Energy Association shows that 12,904 wind turbines were added in China (Taiwan excluded) in 2010, with an added capacity of 18,927.99MW, up 37.1% year on year; 34,485 were installed, with a total capacity of 44,733.29MW, up 73.3% year on year.

According to another survey report by MAKE, a famous Danish consultation agency, non-traditional markets other than the U.S. and Europe have played an increasingly important role in the competition between wind turbine manufacturers for global market share. “Chinese manufacturers are rising rapidly to change the layout of the global wind power industry,” said Executive President, adding, “China’s installed capacity will account for around 38% of the global market between 2011 and 2016.”

With the introduction of 5MW, 6MW and more powerful wind turbines, Sinovel will step up efforts to explore the overseas market while committing itself to the development of China’s wind power industry, and its overseas operation is expected to be decisive by 2015. So far, Sinovel has established subsidiaries in countries such as the U.S., Canada, Spain, Australia and Brazil. “Internationalization” has become the top priority of its “twelfth five-year strategy”.