Vestas occupies the top spot when it comes to market share among global wind turbine manufacturers, according to a new analysis, but the Danish business is not immune to the challenges facing several of the leading companies in the wind power sector.

Supply chain issues are buffeting wind energy, as they have other industries. Though Vestas Wind Systems A/S continues as the leading manufacturer of wind turbines, according to a GlobalData report released March 22, the company also this month announced it plans to cut at least 275 jobs, including 75 in Denmark, in what it termed a “highly volatile environment” for the sector. A Vestas spokesperson in a statement said the group wants to balance “2022 priorities and long-term growth” for the company, with the job cuts part of “adjusting our activities and organizational setup.”

It’s the latest round of job cuts for the wind energy giant. A POWER analysis of Vestas’ announcements found the company has jettisoned nearly 2,000 jobs from its manufacturing facilities in Denmark, the UK, Germany, and Colorado since September 2019.

The GlobalData report published Tuesday shows Vestas had 16.6 GW of wind power installations in 2021, a 19% share of the worldwide market, though that was down from 17.2 GW of new construction in 2020. GE Renewable Energy, which recently noted its own struggles in renewable energy and wind power in particular, ranks second with more than 11.7 GW of installations last year, representing a 13.4% share of the global market in 2021.

“Vestas is a leading wind turbine manufacturer with a strong product portfolio,” said Amit Sharma, the Practice Head of Power at GlobalData. “Vestas is diversifying its geographic footprint in offshore wind with new installations across the world, as well as significant growth in Europe and new markets in onshore wind.”