Wood Mackenzie
Wood Mackenzie, a Verisk Analytics business, is a trusted source of commercial intelligence for the world's natural resources sector.
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China wind OEMs take 78% of 176 GW additions in record 2025
China wind OEMs take 78% of 176 GW additions in record 2025
Global wind additions rose 45% across over 60 countries.
6 days ago
Global oil and gas demand projected to decline amidst energy security shift
Scenario assumes 15% to 20% disruption of global oil and LNG supply.
Policy inconsistencies threaten momentum in APAC’s energy shift
Progress continues to vary significantly amongst countries.
Global solar to hit 8 TWdc by 2034 as balcony solar goes mainstream
India to overtake US as key solar market.
What will limit the growth of global gas-fired power
One of the factors that will affect the market’s expansion is the high cost of imported gas.
Chinese firms top global wind turbine market in 2024
Thanks to the country’s booming local market.
Chinese firms install 24 GW of energy capacity in Belt & Road countries
Aside from solar, hydro power led last year’s installations.
Global solar market trends in 2025
Data centre growth will have a role to play.
Coal's future in Asia hinges on US LNG supply
LNG demand in Asia is seen to reach 510 million tons per annum in 2050.
Floating solar capacity to reach 77 GW by 2033
APAC will lead the pack.
Asia-Pacific region told to harness offshore wind
The growth potential of wind farms at sea could expand fourfold by 2030.
Renewable energy certificates prices to drop 76% by 2050 amidst market oversupply
It is expected to exceed demand until 2050.
Global PV tracker shipments grow 28% in 2023
In Asia, China's PV tracker market fell to 4.3 GWdc.
Singapore on track for 4 GW imports by 2035
The country currently imports 200 MW of low-carbon power.
Chinese renewable exports up 35% from 2019 to 2023
The country’s manufacturing costs were up to 200% lower than Western rivals.
Chinese firms dominate wind turbine market
A total of four Chinese wind turbine companies made it to the top five firms.
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
Thought Leadership Centre
Most Read
1. India’s clean energy push hinges on debt market structure 2. Global RE capacity hits record 5,149 GW in 2025 amidst geopolitical uncertainty 3. Danantara Indonesia centralises waste-to-energy projects under PT Denera 4. China pulls ahead in power capacity as US AI expansion faces grid constraints 5. China wind OEMs take 78% of 176 GW additions in record 2025Resource Center
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Event News
The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy