Overview
The Global Offshore Wind Report 2025 provides a comprehensive overview of the offshore wind industry’s performance last year and outlines the pathway to accelerated growth. It is the definitive guide to the offshore wind industry and includes GWEC Market Intelligence data exclusive to the report. As well as leading analysis of the challenges and solutions facing the industry. The data and trends are broken down by region.
.jpeg?width=2000&name=AdobeStock_298033427%20(1).jpeg)
Key Highlights
- 8 GW of new offshore wind capacity was grid-connected worldwide last year.
- New additions were 26% lower than the previous year, making 2024 the fourth-highest year in offshore wind history.
- China led the world in new offshore wind installations for the seventh year in a row, followed by United Kingdom, Taiwan (China), Germany and France. The top five markets made up 94% of the new additions in 2024.
- The global offshore market grew on average by 10 % each year in the past decade, bringing total installations to 83.2 GW, which accounted for 7.3% of total global wind capacity as of the end of 2024.
- China is the absolute market leader for cumulative offshore wind installations, accounting for half of the global market share, followed by the UK. Germany, the Netherlands and Taiwan (China) complete the top five. Offshore wind pioneer Denmark dropped out of the top five for the first time.
.jpeg?width=2000&name=AdobeStock_313917801%20(2).jpeg)
'Offshore wind capacity now totals 83GW - the equivalent to powering 73 million homes.'
The offshore wind industry installed 8GW of new capacity in 2024, bringing global offshore wind capacity to a total of 83GW - the equivalent to powering 73 million homes.
In the near term, GWEC Market Intelligence forecasts offshore wind capacity installations to grow from 8GW in 2024 to 34GW in 2030, representing a 325% increase by end of the decade.
While near-term growth is concentrated in the already established markets in Europe and China, GWEC reports offshore wind pushing into new regions such as Asia-Pacific, Southeast Asia and Latin America. In the following countries, governments are working with the industry to establish policies and regulations to fast-track offshore wind.
- Australia
- Philippines
- Vietnam
- Japan
- South Korea
- Brazil
Contact our team for more information
Alex Bath
Communications Director
-
alex.bath@gwec.net