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China holds core leading position in global offshore wind power production: report

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China holds core leading position in global offshore wind power production: report

2025-12-05 20:58 Last Updated At:21:57

China holds a core and dominant position in global offshore wind power production capacity, according to a report released Thursday at the 22nd World Wind Energy Conference and the 3rd Shantou International Wind Power Technology Innovation Conference in Shantou City, south China's Guangdong Province.

The report indicates that suppliers within the global wind power industrial chain are primarily concentrated across three major regions: Asia-Pacific, Europe, and the Americas.

In terms of production capacity distribution, the Asia-Pacific region maintains its position as the world's largest hub for wind turbine assembly and key component manufacturing, leveraging its comprehensive industrial ecosystem. China and India dominate onshore wind power production capacity, while China serves as the core center for offshore wind power capacity, said the report.

Stefan Gsanger, secretary general of the World Wind Energy Association (WWEA), hailed China's market scale and technological development for wind power. "General wind power is around 1.2 terawatts now of installed capacity worldwide, out of which offshore wind is around 83 gigawatts. China is by far the largest market, offshore and onshore. It's a stable market. There is a very strong supply chain here in China. Technology-wise, China is a leading country now," he said.

Gsanger also underscored the great potential for China's wind power export.

"China has just started to export wind turbines. I think there is a big potential because many markets, many countries need to buy the equipment, and that is a great opportunity now for the Chinese wind industry," said the secretary general.

The report predicts that by 2030, most countries will face capacity bottlenecks in both onshore and offshore wind power supply, but China is not among them.

Data indicates that China's wind power industry is accelerating its expansion overseas.

"Over the past few years, China's wind power exports have accelerated at a rapid pace, achieving a compound annual growth rate exceeding 50 percent. To date, we have cumulatively exported wind turbines with a total capacity exceeding 20 million kilowatts, reaching 57 countries and regions worldwide," said Qin Haiyan, secretary general of the Chinese Wind Energy Association.

China holds core leading position in global offshore wind power production: report

China holds core leading position in global offshore wind power production: report

China holds core leading position in global offshore wind power production: report

China holds core leading position in global offshore wind power production: report

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U.S. dollar ticks down

 

The U.S. dollar weakened in late trading on Friday.

The dollar index, which measures the greenback against six major peers, dropped 0.34 percent to 98.982 at 15:00 (2000 GMT).

In late New York trading, the euro rose to 1.1606 dollars from 1.1583 dollars in the previous session, and the British pound added to 1.34 dollars from 1.3328 U.S. dollars in the previous session.

The U.S. dollar bought 157.74 Japanese yen, lower than 157.77 Japanese yen in the previous session. The U.S. dollar decreased to 0.777 Swiss francs from 0.7827 Swiss francs, and it declined to 1.3596 Canadian dollars from 1.3697 Canadian dollars. The U.S. dollar dropped to 9.1855 Swedish Kronor from 9.2657 Swedish Kronor.

U.S. dollar ticks down

U.S. dollar ticks down

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