China's wind energy industry is set for significant growth, with annual installations projected to exceed 100 GW by 2025, according to the Chinese Wind Energy Association (CWEA).
Source: CaiLian News Agency
China's wind energy industry is set for significant growth, with annual installations projected to exceed 100 GW by 2025, according to the Chinese Wind Energy Association (CWEA). Reflecting on 2024, the country added approximately 88 GW of new wind capacity to the grid. Looking ahead, the CWEA estimates that annual wind power installations will reach between 105 GW and 115 GW in 2025, said Qin Haiyan, Secretary-General of the CWEA, during a January 11 announcement.
Breaking down these projections, onshore wind is expected to contribute between 95 GW and 100 GW, while offshore installations are anticipated to add another 10 GW to 15 GW. By 2030, China’s annual wind power additions could exceed 150 GW. Qin also highlighted a significant drop in turbine prices over recent years. By 2024, the average cost of onshore turbines in China had fallen to 1,400 yuan per kilowatt, while offshore turbine costs dropped below 3,000 yuan per kilowatt.
China’s wind energy industry is also making strides internationally. In 2023, Chinese wind turbine exports reached 3.6 GW across 18 countries. By 2024, exports grew to 5.5 GW, expanding to 24 countries and bringing the total number of export destinations to 56. Looking ahead, the global market outside of China is expected to add 70 GW of onshore wind and 20 GW of offshore wind by 2028. Wind energy development has become a global priority as countries seek to ensure energy security and address climate change.
Qin emphasized China’s critical role in the global wind energy supply chain, which accounts for more than 60% of the market across various segments. By 2030, outside of China, only India in the Asia-Pacific region is expected to have an onshore wind energy supply chain capable of meeting local demands. Offshore wind supply chains are likely to fall short of both local and regional needs. Without China’s comprehensive supply chain, many regions may struggle to achieve their wind energy development targets.