This paper presents a performance analysis of predictive models for the generator module which can be used as a reference for improvement in the condition monitoring system using wind turbines in a wind farm in Taiwan. With the generator being a critical component prone to failures, it is important to perform data analysis on its parameters that could be used for condition monitoring. The main innovative feature in this framework is the conduct of performance analysis before the development of the condition monitoring system. Also, the consistency of the performance between the different wind turbines in the wind farm is evaluated. The predictive models are generated using the neural network algorithm with a different combination of parameters from the SCADA system. The correlation of the parameters as well as the mean square error of the predictive models were then computed for analysis. Results showed that pairing of input parameters with a higher correlation to the output parameter would give better performance for the predictive model. Furthermore, the performance of the different models was consistent throughout the different wind turbines in the wind farm which indicates that the same model can be developed and used for wind turbines belonging to the same wind farm. Employing a preliminary performance analysis of different combinations of component parameters could help in optimizing predictive models for condition monitoring.