Please note!
This fact brief was originally published as an experiment to test the concepts behind fact briefs.
Readers should be aware that while there is still a lot of useful information in fact briefs like this one, not all of them reflect Gigafact's current methods and standards for fact briefs. If you come across any that you feel are out of date, don't hesitate to contact us at support@gigafact.org.
Does China have a major share of the markets for wind- and solar-power equipment?
Saturday, October 31, 2020
By Jacob Alabab-Moser
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YES
The International Energy Agency says China "has an outsize impact on solar and wind supply chains."
China accounted for about 70% of global solar-panel shipments in 2019.
China also has a significant share of global wind-turbine manufacturing and shipments. Six of the world's top 10 wind-turbine manufacturers in 2020 were Chinese-owned, according to global trade platform BizVibe. The largest manufacturer, Denmark-based Vestas, holds 16% of the world wind-turbine market. General Electric, the only U.S.-based supplier in the top 10, ranks 4th.
This fact brief is responsive to conversations such as this one.
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ABOUT THE CONTRIBUTOR
Between 2020 and 2022, under close editorial supervision, Gigafact contracted a group of freelance writers and editors to test the concepts for fact briefs and provide inputs to our software development process. We call this effort Gigafact Foundry. Over the course of these two years, Gigafact Foundry writers published over 1500 fact briefs in response to claims they found online. Their important work forms the basis of Gigafact formats and editorial guidelines, and is available to the public on Gigafact.org. Readers should be aware that while there is still a lot of relevant information to be found, not all fact briefs produced by Gigafact Foundry reflect Gigafact's current methods and standards for fact briefs. If you come across any that you feel are out of date and need to be looked at with fresh eyes, don't hesitate to contact us at support@gigafact.org.
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