Winds of change in 2025

As the first quarter of this year comes to a close, the world is placing greater emphasis on wind energy as a key driver of the renewable energy transition. Once considered an expensive alternative, wind energy is now proving itself to be not just sustainable but also increasingly affordable, making it a cornerstone in the global shift towards renewables. But with political landscapes shifting and economies adjusting, what lies ahead for the industry?

The global wind power market is on an undeniable upward trajectory. In 2024, it was valued at USD 97.05 billion, with projections pointing to a compound annual growth rate (CAGR) of 4.9% from 2025 to 2030, according to Grand View Research. This steady growth signals that wind energy is firmly on track to become a cornerstone of the global energy landscape in the coming decades.

The driving forces behind wind power's surge

The major factor behind this rapid rise is the growing urgency to transition away from fossil fuels and toward renewable energy sources. Wind and solar power, which were once viewed as expensive alternatives, are now not only more sustainable but also far more affordable than maintaining aging coal and gas plants.