The major Western wind turbine-makers saw order intake rebound materially in 2023 amid an improving market environment, with federal tax credits in the US driving a wave of new contracts.

The 45.9 GW of new orders secured by the four largest manufacturers from Europe and US, up 44% from 2022, sets the stage for the companies to return to profitability in the coming years after a brutal period of inflation and supply chain disruption.