Global cumulative installed wind power capacity 2001-2023
The cumulative capacity of installed wind power worldwide amounted to approximately 1,021 gigawatts in 2023. Onshore wind power accounted for the majority of total wind power capacity, at about 945 gigawatts that year.
Which country has the largest wind market?
The largest wind power market in the world is China, with a capacity of over 470 gigawatts of wind power installed as of end of 2023. China’s wind potential is remarkable due to a large land mass as well as a long coastline. China has set ambitious goals for adding offshore wind capacity, and offshore development has progressed quickly in the last years.
Future of renewables
Emerging markets such as those in Latin America and Southeast Asia are expected to drive the upcoming wind development market. Additional government support and policies will allow for faster market growth in these regions. Global wind energy generation as a share of total generation continues to grow as technologies become more cost-effective.