Chinese turbine makers take top six spots in global wind rankings

Facing squeezed margins at home, Chinese turbine makers are expanding into Latin America, the Middle East, Africa and parts of Asia, leveraging lower costs and faster delivery.

Photo from Jiemian News

Photo from Jiemian News

by MA Yueran

Chinese wind turbine manufacturers held the top six positions in global market share for the first time in 2025, underscoring their growing role in the global industry as China drives much of the world's wind power expansion.

BloombergNEF said in its Global Wind Turbine Market Shares 2025 report that Goldwind remained the world's largest supplier, with 29.3 GW of newly installed capacity in 2025. Envision Energy ranked second with 20.9 GW, nearly one-quarter of which came from projects outside China.

Mingyang Smart Energy and Windey Energy Technology Group placed third and fourth respectively, while Sany Heavy Energy and Dongfang Electric Corp. tied for fifth with installations of about 13.5 GW each.

Chinese manufacturers have steadily climbed the rankings. In last year's report they occupied the top four positions, while the number of Chinese companies in the global top ten rose from six to eight this year. In addition to the top six, CRRC Corp. Ltd. ranked eighth and Shanghai Electric Wind Power Group ninth.

Source: BloombergNEF

Among non-Chinese manufacturers, Denmark's Vestas Wind Systems slipped from fifth last year to seventh, the first time it has fallen out of the global top five. However, the company remains the largest turbine supplier for projects commissioned outside China, BloombergNEF said.

Global developers installed 169 GW of wind capacity in 2025, up 38% from a year earlier. Onshore wind accounted for 161 GW, about 95% of the total, while offshore installations reached 8 GW.

Strong growth in China's onshore market drove global expansion, with the country becoming the first to add more than 100 GW of wind capacity in a single year. India became the largest wind market outside China, overtaking the United States and Germany.

Despite their growing global footprint, Chinese turbine makers remain heavily reliant on their home market. About 93% of their newly installed capacity in 2025 came from projects in China, down from 99% in 2024, indicating early progress in overseas expansion.

Chinese manufacturers' overseas installations increased eightfold over the past year, said Cristian Dinca, a wind analyst at BloombergNEF and the report's lead author. Facing squeezed margins at home, companies are expanding into Latin America, the Middle East, Africa and parts of Asia, competing with established suppliers through lower costs and faster delivery.

In offshore wind, Siemens Gamesa — the wind power unit of Siemens Energy — retained the top global position for the second straight year, slightly ahead of Goldwind. In the overall turbine ranking it placed tenth.

After three years of growth, global offshore wind installations fell by about one-third in 2025 to 8.1 GW, reflecting project delays in China and France and political resistance in the United States. BloombergNEF said installations are expected to rebound in 2026 as delayed projects come online and a new wave of large-scale projects in the North Sea advances.