Global Wind Installations to Fall 15% in 2026, First Drop Since 2022: BNEF

The headline decline masks a rotation rather than a broad slowdown: the pullback is concentrated in China after three record years, while the rest of the world is set to post a record of its own. That split matters for supply chains and equipment makers with exposure skewed toward non-China markets, and for offshore and repowering segments that BNEF flags as structural rather than cyclical. Whether the ex-China record holds once Chinese demand normalizes is the open question, and it will shape how the 2027 outlook is read.