At the moment when Bloomberg New Energy Finance (BNEF) released its "2025 Global Wind Turbine Market Share Report", a historic turning point was officially confirmed: Chinese wind turbine manufacturers dominated the top six global rankings for the first time, and even more shocking was that the overseas installed capacity of Chinese companies surged from 1.2GW in 2024 to 8.9GW, an increase of nearly eight times.

In this wave of going global, a Chinese company stands out - Far East Energy's overseas lifting capacity of 4.8GW has surged 15 times year-on-year, setting a historical record for annual overseas lifting by Chinese complete machine enterprises. This is not only a victory for a company, but also marks a magnificent transformation of China's wind power industry from the world's largest market to a global technology exporter.

China dominates the top six

The Bloomberg New Energy Finance report released on March 9, 2026 shows that the global wind power market will usher in a historic moment in 2025- Chinese wind turbine manufacturers will for the first time dominate the top six global installed capacity rankings.

Goldwind Technology maintains its position as the world's largest with an installed capacity of 29.3 gigawatts, firmly holding the top spot. Vision Energy ranked second with 20.9 GW, and nearly a quarter of its installed capacity came from markets outside Chinese Mainland, making it the most internationalized enterprise in China. Mingyang Intelligent and Yunda Shares ranked third and fourth respectively, while Sany Heavy Energy and Dongfang Electric tied for fifth place with an installed capacity of approximately 13.5 gigawatts.

Behind this list is the explosive growth of the global wind power market. By 2025, the global newly added grid connected wind power installed capacity will reach 169 GW, an increase of 38% compared to 2024, setting a new historical record for the third consecutive year. Among them, onshore wind power added 161 gigawatts, accounting for 95% of the global total; Offshore wind power added 8 gigawatts.

China and India have become the fastest-growing markets. India surpassed the United States and Germany for the first time, becoming the world's largest wind power market outside Chinese Mainland. Chinese Mainland, with its booming onshore wind power, will become the main support for global growth in 2025, and China will become the world's first market with annual new installed capacity exceeding 100 GW.

Oliver Metcalfe, head of wind power research at Bloomberg New Energy Finance, stated in the report release that this moment marks the official growth of Chinese manufacturers into true global players. He said that facing the meager profit margin in China, Chinese suppliers are entering emerging markets such as Latin America, the Middle East, Africa, and Asia with low-cost manufacturing and fast delivery capabilities, using technological and price advantages to compete with traditional old competitors.

Globalization changes from quantity to quality

Among all Chinese manufacturers of complete machines, Far East Energy's performance is truly stunning.

The report shows that by 2025, Far East Energy's overseas lifting capacity will increase 15 times year-on-year, reaching 4.8GW, accounting for nearly a quarter of its total installed capacity and about 23%. This number not only leads the way among Chinese complete machine manufacturers, but also creates a new historical high for annual overseas lifting of Chinese wind power complete machine enterprises.

The achievement of this result is by no means accidental. According to industry statistics, Far East's overseas wind turbine orders have ranked first among Chinese manufacturers for four consecutive years, with an average annual breakthrough of 10 gigawatts from 2024 to 2025. The explosive growth in lifting volume in 2025 is the inevitable result of the concentrated delivery of orders in the previous two years.

It is worth noting that Bloomberg New Energy Finance has extremely strict statistical standards for overseas hoisting - the installed capacity is only counted after the entire project is fully connected to the grid, which is in sharp contrast to the domestic hoisting counting method. This standard emphasizes the final delivery capability of the project, which also means that the actual overseas lifting volume of Far East may be more considerable than the data included in the list.

Under such strict statistical rules, achieving nearly 5 gigawatts of overseas lifting proves that Far East has mature experience in global project development, equipment delivery, and system integration capabilities. This marks the transition from quantitative change to qualitative change in the long-term globalization strategy.

Looking back at 2023-2024, it was the most fiercely competitive period for China's wind power industry. As the industry enters the era of parity, the prices of complete machines continue to decline, and some projects even have extreme quotes that fall below the cost line, causing the industry to fall into serious internal competition. In this round of price war, Far East has clearly adopted a more restrained and rational strategy, not blindly participating in the vicious competition in the domestic market, but investing strategic resources in broader overseas markets.

This strategic decision has now borne fruit. While domestic peers are still struggling in the quagmire of price wars, Far East has completed its layout in multiple strategic locations around the world, laying a solid foundation for sustained growth in the future.

From device output to technological empowerment

Opening up the global market map of the distant future, a magnificent picture of multi-point blooming slowly unfolds.

In Southeast Asia, the Mengsong 600 MW mountain wind power project, which Far East participated in the construction, is not only one of the largest single wind power projects in Southeast Asia, but also the first cross-border transmission new energy project in Asia, becoming a model for regional energy cooperation.

In Central Asia, Vision has become the wind turbine supplier with the highest market share in Kazakhstan, and has deployed smart wind turbines and energy storage production bases locally, deeply integrated into the construction of the the Belt and Road, and helped the energy transformation of Central Asian countries.

In the Middle East, Far East signed a seven-year strategic cooperation agreement with Saudi Arabia's ACWA Power, covering Saudi Arabia and Central Asia. The cooperation between the two sides in the field of renewable energy continues to deepen.

In North Africa, Far East provided wind turbine equipment for the 1.1 GW onshore wind power project in the Suez Gulf of Egypt, which is one of the largest wind power projects on the African continent and marks the official entry of Chinese wind power technology into the African market.In Australia, Far East has partnered with mining giant Fortescue to develop large-scale wind power projects, combining clean energy with traditional mining to explore new paths for green mining development.

In South America, Far East has signed a 630 MW supply agreement with Brazilian new energy developer Casa dos Ventos and provided long-term operation and maintenance services for up to 30 years, establishing a foothold in the South American market.

Far sighted projects spread across the globe not only have considerable scale, but also present new business model characteristics. They are often deeply integrated with new energy application scenarios such as data centers, green hydrogen, green ammonia, and zero carbon industrial parks, forming a sharp contrast with the single electricity sales model of traditional wind power projects. This innovative model means that Far East not only outputs wind power equipment, but also system solutions and green development concepts.

At the product level, Far East Wind Turbine has won global market recognition for its advantages in reliability, adaptability to complex environments, and long-term power generation performance. For many years, Yuanjing has insisted on self-developed and self-made core components, continuously iterating and optimizing designs through massive in operation fan data, achieving the unity of high efficiency and high reliability. Relying on global operational data and physical artificial intelligence technology, Farview further enhances the reliability and economy of the entire life cycle of the unit, providing customers with more competitive cost solutions for electricity.

Over the past decade, China's wind power industry has mainly relied on the domestic market to drive its development. With the world's largest wind power market, China has cultivated a complete industrial chain system and large-scale manufacturing capabilities. But as the domestic market gradually matures, overseas markets will inevitably become the next growth pole for Chinese whole machine enterprises. Keywords: macro news and information, Chinese wind power technology

Nowadays, China's wind power industry is experiencing a historic turning point - from the world's largest market to the world's largest supplier, and from an equipment provider to a technology system exporter. In this global energy transition wave, Chinese companies are playing an increasingly important leading role.Editor/Gao Xue