India claims second-largest wind market title as global installations hit record

India became the world’s largest wind market outside mainland China in 2025, surpassing the United States and Germany, according to BloombergNEF’s (BNEF) Global Wind Turbine Market Shares report.

The report states that global wind capacity additions reached a record 169 GW in 2025, marking a 38% increase compared with 2024 and the third consecutive year of record installations.

Siddharth Shetty, lead wind analyst for India at BNEF, said India’s position reflects the impact of its renewable energy auction framework. He noted that the country’s clean power auction mechanisms, introduced in 2018, have supported sustained growth in wind capacity deployment.

India’s auction design requires developers to bundle multiple renewable technologies or install capacity beyond their contracted levels. According to BNEF, this structure has contributed to increased wind project development and is expected to support similar levels of deployment through the rest of the decade.

Outside mainland China, global wind additions increased by 17% year-on-year to 43 GW in 2025, with India accounting for the largest share among those markets.

The overall global growth was driven primarily by mainland China, which added more than 100 GW of wind capacity in a single year for the first time. The expansion also strengthened the position of Chinese manufacturers, with six companies occupying the top six positions in BNEF’s global turbine supplier rankings. Goldwind led the list with 29.3 GW of installations.

Danish turbine manufacturer Vestas, which operates across 28 markets, remained the largest supplier outside China but ranked seventh globally. It was the first time the company placed outside the top five since BNEF began publishing the rankings in 2013.

Offshore wind additions declined to 8.1 GW in 2025, falling by about one-third due to project delays in China and France and a slowdown in project activity in the United States. BNEF expects offshore installations to recover in 2026 as delayed projects move forward.

The featured photograph is for representation only.