FINWIRES · TerminalLIVE
FINWIRES

Global Wind Capacity Hit 176 GW in 2025, Wood Mackenzie Says

-- Global wind capacity grew by a record 45% in 2025, reaching 176 gigawatts, according to a Wood Mackenzie's Tuesday note.

Chinese manufacturers dominated the landscape, securing 78% of total additions as China became the first nation to install over 100 GW in a single year, it said.

While Latin America saw a contraction, activity outside China grew by 22%, with the US, India, and Germany remaining top volume contributors, the analysts noted.

Wood Mackenzie noted that Chinese original equipment manufacturers more than tripled their 2024 overseas performance, installing 8.5 GW across 22 markets.

Goldwind and Envision led the sector, becoming the first manufacturers to individually exceed 20 GW of annual installations.

This expansion was primarily concentrated in emerging regions, where competitive pricing and faster delivery cycles allowed Chinese suppliers to aggressively gain ground, the note added.

However, despite the rise of Chinese exports, western OEMs remained the preferred suppliers outside China, capturing 75% of the ex-China market and operating in an all-time high of nearly 50 countries, it said.

In India, the market saw a significant recovery as domestic installations nearly doubled. Local players connected 2.7 GW, with Suzlon returning to the global top 15.

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