The Global Wind Report released by the Global Wind Energy Council (GWEC) highlights a notable growth in global wind energy capacity, with 117 gigawatts added in 2024, mirroring the increase seen in 2023. The total global wind energy capacity has now reached 1,136 gigawatts, fueled by 109 gigawatts from onshore and 8 gigawatts from offshore installations across 55 countries. China spearheaded this growth with the installation of 79,824 megawatts, followed by the United States, Germany, India, and Brazil. The report reflects a promising outlook that anticipates the addition of 1 terawatt of wind energy capacity by 2030, underpinned by an expected compound growth rate of 8.8% annually.
Despite these advancements, GWEC cautioned against the volatile policy environment and economic challenges that may hinder progress in the wind energy sector. The report underscores the adverse effects of escalating tariffs and potential trade wars, which could destabilize supply chains and deter investor confidence in clean energy projects. GWEC CEO Ben Backwell emphasized the need for policymakers to maintain stable and predictable market conditions while collaborating with stakeholders to enhance the deployment of wind energy. The outlook indicates a need for concerted efforts to navigate these challenges, ensuring that wind energy continues to play a pivotal role in meeting emissions targets and supporting economic resilience and growth.