Top 5 Vendors in the Distributed Energy Generation Market From 2016 to 2020: Technavio
Technavio
has announced the top five leading vendors in their recent global
distributed energy generation market report. This
research report also lists eight other prominent vendors that are
expected to impact the market during the forecast period.
Distributed energy generation will play a crucial role in
strengthening the energy
security across countries by integrating various power generation
sources. Governments worldwide have set targets for distributed energy
generation. For instance, Brazil launched its ProGD program in 2015 to
achieve 23 GW of solar distributed energy generation by 2030; to
accelerate this development, the Brazilian government reduced the taxes
on solar equipment. Similarly, India has set a target of 30 GW solar
distributed energy generation by 2022. These targets, even if not met
100%, will still be resilient enough to provide a boost to the global
distributed energy generation market during the forecast period.
Competitive vendor landscape
As per the report, the global distributed energy generation market is
dominated by various well-established large vendors and is highly
fragmented. During the forecast period, various small-scale vendors are
expected to enter the market, seeking support from large corporations.
“The microturbine market unlike fuel cells or wind or solar is in its
nascent stage of development. Thus, a lot of companies are in the
product development stage. Even the ones that have a comprehensive
product portfolio, such as Capstone Turbine Corporation, are
engaged in R&D on products to further improve the efficiency and reduce
the per MW cost of the microturbines,” says Thanikachalam
Chandrasekaran, a lead power
analyst from Technavio.
Only a few players in the market are targeting customers across
industrial, commercial, and residential end-users. Companies that have
enough funding are usually targeting customers across the floor and have
products to cater to different needs. Smaller companies that engage in
R&D activities and have a small portfolio of products need to focus on
one or two industries only. For instance, Bladon Jets focuses on
telecom sector across developing countries and is involved in providing
power to telecom towers.
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Top five distributed energy generation market vendors
Ansaldo Energia
The company has realized the importance of distributed energy generation
in the future of global power industry. Distributed energy generation is
going to pick pace in developed countries, especially the ones that are
implementing stringent GHG emissions norms. Thus, Ansaldo Energia has
come up with microturbines for cogeneration (CHP) and trigeneration
(CCHP) applications.
Ballard Power Systems
Ballard Power Systems offers fuel cell stacks, fuel cell modules, and
complete fuel cell systems. Its fuel cell stacks include FCgen-1020ACS,
FCgen-1300, and FCvelocity-9SSL. The company's fuel cells modules
include FCvelocity-HD6 and complete fuel cell systems such as ClearGen,
ElectraGen-H2, and ElectraGen-ME.
In June 2015, the company signed a definitive agreement to acquire
Protonex Technology, a designer and manufacturer of advanced power
management products and fuel cell solutions. The acquisition enabled the
company to enhance its power management products.
Bloom Energy
Bloom Energy is one the major players in the global distribution energy
generation market. The company offers Energy Server, a distributed power
generator powered by its patented SOFC technology, for producing
consistent, cost-effective, and clean electricity at customer sites. The
Bloom Energy's fuel cell technology offers various benefits such as
low-cost materials, high electricity efficiency, and fuel flexibility.
Capstone Turbine Corporation
In 2015, the Capstone Turbine Corporation reported over USD 84 million
in new orders. However, that figure reduced to over USD 53 million due
to a decline in its orders from Russia. After the US, Russia accounts
for the second largest market for Capstone Turbine Corporation. However,
post-annexation of Crimea from Ukraine by Russia in 2014, sanctions were
imposed against Russia that forbade American companies to conduct
business in and with Russian companies. Hence, Capstone Turbines
suffered from fewer orders from its distributors in the country.
First Solar
First Solar operates in the solar energy industry and is a global leader
in the field of PV solar energy solutions. The company designs,
manufactures, and sells PV solar power systems. It operates both within
and outside the US. The company has set up manufacturing facilities in
Frankfurt, Germany; Perrysburg, Ohio; and Kulim, Malaysia.
The other prominent vendors are:
-
Acal
-
Acumentrics
-
Aisin Seiki
-
Altergy
-
Ceramic Fuel Cells
-
Ceres Power
-
Delphi Automotive
-
DMFCC (Subsidiary of VIASPACE)
All product names, logos, brands and trademarks are the property of
their respective owners
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Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
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