Market Report
China onshore wind power outlook 2025
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Report summary
The China onshore wind outlook covers the 10-year market outlook, including Bull, Base and Bear scenarios, and key market trends. It also features an overview of key drivers and barriers of the China onshore wind power market. New in this report, we include the wind base construction progress and an analysis of the newly announced mechanism power price auction results. Key findings: 1) China will add 1.1 TW of new wind capacity over the next decade, helping achieve its 3,600 GW wind and solar target ahead of schedule. 2) National decarbonisation strategies, large-scale energy bases and local consumption scenarios will unlock wind potential for sustainable growth. 3) Power market reform and rising curtailment are squeezing wind project profitability, pivoting wind investment towards load-oriented strategies.
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