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Global wind capacity seen surpassing 2 TW by 2030; PH among emerging growth markets

  • January 22, 2026
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Global wind capacity seen surpassing 2 TW by 2030; PH among emerging growth markets

Global wind power installations are expected to reach a record 2 terawatts (TW) by 2030, as growing Asian economies, including the Philippines, scale up renewables to meet rising electricity demand and reduce reliance on imported fossil fuels, according to new data from the Global Wind Energy Council (GWEC).

GWEC said global wind capacity is on track to cross 2 TW by 2030, with Asia-Pacific markets outside China accounting for a growing share of installations by the end of the decade. The council noted that countries such as Vietnam, Australia, and the Philippines are beginning to catch up with Europe’s mature wind markets as renewable energy becomes central to economic growth strategies.

The outlook comes amid renewed debate at the World Economic Forum in Davos, Switzerland, which prompted GWEC CEO Ben Backwell to respond to what he described as “disinformation and false messaging” surrounding wind energy.

“The wind industry is thriving (with record annual installations of 150 GW in 2025), and is supporting countries’ shift to resilient, sustainable, electrified economies all around the world,” Backwell said in response to claims aired during the summit. 

He said wind power remains “the cheapest and most efficient way to add new power capacity” in many markets and stressed that it “brings down electricity bills for both industry and consumers” while reducing exposure to volatile imported fuels such as liquefied natural gas (LNG).

GWEC Market Intelligence data showed accelerated growth across Asia in 2025. China is on course to pass 100 GW of new installations, with 89 GW installed by the end of November, while India recorded a national high of 6.3 GW. Europe added 16.5 GW, around 5 GW more than in 2024, and the United States is expected to install more than 7 GW.

By 2030, GWEC said expanding wind capacity will increasingly support GDP growth in emerging economies, where electricity demand is forecast to rise alongside urbanisation and industrial expansion.

“These new figures show that fast-growing economies are driving the growth of wind energy, and wind energy is in turn driving those economies to new heights,” Backwell said. “This momentum can be seen in the next wave of emerging markets of Vietnam, South Korea, and the Philippines.”

GWEC said wind energy deployment is increasingly linked to economic performance as countries decouple growth from emissions. The council cited forecasts showing emerging and developing economies accounting for more than 80% of global energy demand growth, with Asia-Pacific energy consumption expected to rise sharply through 2040.

Backwell also pointed to China’s wind fleet, noting that around 225,000 wind turbines are supplying 950TWh of electricity between January and November 2025, helping reduce reliance on thermal generation as power demand rises.

Beyond capacity additions, GWEC highlighted wind energy’s role in attracting private capital, citing the United Kingdom’s latest offshore wind auction, which is expected to mobilise £22 billion in private investment.

Backwell said disinformation remains a growing risk in global energy discussions, calling on event organisers and policymakers to ensure that clean energy debates remain grounded in evidence, adding that political leaders must continue communicating “positively about the huge steps that we are making in the transition to the clean, secure energy system of the future.”

What does this global wind surge mean for Philippine power prices, LNG dependence, and offshore wind timelines? Share your views. 

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