Global wind sector targets 2 TW installed capacity by 2030 despite uncertainties

Driven by China's acceleration, global wind capacity is expected to reach 170 GW in 2025, paving the way for a doubling of installed capacity by 2032.

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The global wind market is on track to reach a historic milestone with 170 GW of new capacity expected in 2025, marking an unprecedented record for the sector. This momentum is projected to add a second terawatt (TW) by 2030, only seven years after reaching the first in 2023, compared to the twenty-three years needed for the previous threshold.

China concentrates the majority of global growth

The main driver behind this expansion remains the People’s Republic of China, where onshore wind is accelerating steadily, supported by data centre demand and electrification needs. China’s market alone weighs heavily on global forecasts, representing the majority of new installations and boosting the sector’s overall performance.

According to recent projections, global wind capacity is expected to double from 2024 levels by 2032. Excluding China, the one-terawatt milestone would be reached in 2031, with global capacity doubling by 2034. Nevertheless, analysts point to strong regulatory instability across several countries, notably the United States, which is slowing the market’s momentum.

The United States enters a phase of adjustment

The adoption of the One Big Beautiful Bill Act in July 2025 is reshaping the American wind market. The planned end of tax credits in 2027 is prompting developers to accelerate projects, leading to a short-term spike in activity. However, this momentum is expected to ease, and the United States may fall behind India and Germany in ten-year capacity additions.

This environment is forcing companies to reassess project profitability based on fundamental parameters such as electricity demand growth and competition between technologies. The ongoing restructuring could permanently alter the global wind market hierarchy.

Onshore wind remains stable while offshore faces headwinds

Outside the United States and China, the wind market shows signs of resilience. Onshore projects are progressing in Europe, the Asia-Pacific region and several emerging markets, supported by regular tenders and robust order books. However, the slowdown in green hydrogen-related projects is weighing on overall development prospects.

The offshore segment is facing a difficult phase. Repeated tender failures and rising costs are hindering progress. In China, maritime use conflicts are blocking certain projects already under construction. In Europe, governments are under increasing pressure to adapt contract terms and maintain the sector’s appeal.

Envision Energy has signed an agreement to equip Kazakhstan’s largest wind power project, marking a strategic step in energy cooperation with TotalEnergies, Samruk-Energo and KazMunayGas.
The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
The two regional utilities join a JERA-led consortium to support the operation of the Ishikari Bay offshore wind farm, which entered service in early 2024.
Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.
Encavis strengthens its wind portfolio in Germany with the acquisition of a Schierenberg project and the signing of four new partnerships with ABO Energy, for a joint total capacity of 106 MW.
Boralex rolls out an energy assistance scheme for residents near its wind and solar farms, with a pilot project launched in two communes in Haute-Loire.
Eiffage, through its Belgian subsidiary Smulders, will build three electrical substations to connect offshore wind farms in Brittany and the Mediterranean, under a contract exceeding €1.5bn ($1.59bn).
Envision Energy has published an environmental product declaration for two of its turbines, a milestone certified to ISO standards aimed at strengthening its position in international wind markets.
Yaway, a brand of Kallista Energy, commissions in Breteuil a very high-power charging station directly connected to wind turbines, offering a price of €0.30/kWh ($0.32/kWh) and a maximum power of 400 kW, with no subscription.
Fortescue has selected Envision Energy to supply next-generation turbines in Australia, the first step in a project targeting 2 to 3 GW of renewable generation backed by batteries.
Singapore-based developer Vena Energy has launched operations at its third wind power plant in Japan, located in Saikai, Nagasaki Prefecture, with a grid-connected capacity of 7.5 MW.
Ørsted and Korea South-East Power Co. (KOEN) have signed a memorandum of understanding to explore joint development of the 1.4 GW Incheon offshore wind project, located off South Korea’s west coast.
RWE has finalised the installation of all 72 monopiles at the 1.1 GW Thor offshore wind farm off the Danish coast, marking a key milestone ahead of secondary structure and turbine installation scheduled for 2026.
The Bundesnetzagentur awarded 376 projects totalling 3.45 GW, with a weighted average price of 6.57 cents per kilowatt-hour, without reducing the volume despite an undersubscription risk.
Alternergy strengthens its portfolio by acquiring two wind projects from CleanTech in Quezon Province, expanding its growth strategy beyond the 500MW mark.
Orsted has resumed work on its Revolution Wind offshore wind farm, previously halted by federal authorities, after a court ruling allowed construction to continue despite ongoing legal action from the U.S. government.
No candidate submitted a final offer for the 1 GW project off Oléron Island, despite an initial shortlist of nine consortiums including major European energy groups.
TotalEnergies and RWE secure the Centre Manche 2 contract, France’s largest offshore wind project to date, with an estimated investment of €4.5bn ($4.82bn).
A federal court authorises Ørsted to continue construction on its offshore wind farm Revolution Wind, halted by an administrative order in August, while the group secures DKK60bn to finance Sunrise Wind.
The European Bank for Reconstruction and Development leads an international financing structure to support the construction of a wind farm in Ras Ghareb, as part of Egypt’s national energy strategy.