Top 10: Wind Power Manufacturers
Wind power is a leading solution as the world increasingly turns to renewable energy to combat climate change and ensure energy security.
The global wind energy market size was US$89.6bn in 2023, grew to US$98.7bn in 2024 and is expected to reach US$260.8bn by 2034.
In support of this upward trend, leading global wind manufacturers play a pivotal role in shaping the future of clean energy.
From established giants to innovative newcomers, these companies are at the forefront of technological advancements and sustainable practices in wind energy production.
With a combined capacity that spans continents and a commitment to reducing carbon footprints, these manufacturers are not only driving the growth of the wind industry but also contributing significantly to global efforts aimed at achieving net-zero emissions.
10. Neoen
CEO: Xavier Barbaro
HQ: Paris, France
Market cap: US$6.4bn
Neoen is a prominent player in the wind energy sector, recognised for its commitment to renewable energy and sustainable development.
The company focuses on developing, financing and operating renewable energy projects, with wind power being a significant part of its portfolio. Neoen’s wind power initiatives are concentrated in five countries known for their abundant wind resources — Australia, France, Finland, Ireland and Sweden.
At present, the company operates or is constructing 55 wind plants that collectively have a capacity of 2.4GW.
CEO Xavier Barbaro says: “Neoen’s teams are making an immensely positive contribution to the decarbonation of our planet, to the competitiveness of our economies and the affordability of our electricity — and to the energy independence of our nations.”
9. Acciona Energías Renovables
CEO: Rafael Mateo Alcalá
HQ: Madrid, Spain
Market cap: US$6.4bn
Acciona Energías Renovables is a leading global wind turbine manufacturer and renewable energy developer.
Established in 1997, the company has become a prominent player in the wind energy sector, with a strong commitment to sustainability and innovation.
Acciona specialises in the design, manufacturing and installation of wind turbines, offering solutions that cater to various market needs.
As well as this, Acciona is 100% renewable and has no ties with fossil technologies.
Rafael Mateo Alcalá, Acciona’s CEO, says: “We want to play a central role in the global process towards the energy transition.”
8. Suzlon
CEO: Jayarama Prasad Chalasani
HQ: Pune, India
Market cap: US$9.6bn
Indian multinational wind turbine manufacturer Suzlon is a prominent player in the wind manufacturing sector, recognised for its significant contributions to renewable energy.
The company was founded in 1995 and in the 30 years since has emerged as one of the largest wind turbine manufacturers worldwide.
Suzlon specialises in the design, development and installation of wind energy solutions, offering a range of products that cater to various market needs.
The late Tulsi Tanti, Founder and Chairman-cum-Managing Director of Suzlon, was — and still is — widely regarded as The Wind Man of India and The Father of Indian Renewable Energy.
7. EDP Renováveis (EDPR)
CEO: Miguel Stilwell d' Andrade
HQ: Madrid, Spain
Market cap: US$12.1bn
The fourth-largest generator of wind energy globally, EDP Renováveis was founded in 2007 and is now present in 13 international markets — including Brazil, Canada, Mexico, the US, Portugal and France.
EDPR’s focus is primarily on onshore and offshore wind energy projects, with its portfolio of wind farms contributing significantly to the global energy transition.
The company has ambitious plans to invest €25bn (US$26.5bn) in renewable energy by 2026.
The company has a key focus on research and development, continuously improving turbine efficiency and performance. As well as this, its commitment to sustainability is reflected in its ambitious goals, aiming for a total installed capacity of 20GW by 2026 — primarily through wind projects.
CEO Miguel Stilwell d'Andrade says: “For EDP the task at hand is clear — we are working around the world to increase renewable capacity, democratise access to energy and push for electrification and decarbonisation.”
6. Vestas
CEO: Henrik Andersen
HQ: Aarhus, Denmark
Market cap: US$14.5bn
Wind turbine manufacturer, seller, installer and servicer Vestas is an industry name across the wind and renewables sectors. The Danish company has invested more than US$1bn to establish several manufacturing facilities in Colorado to serve the North American onshore wind market. Two of its facilities — Brighton and Windsor, Colorado — specialising in blades and nacelles.
“Inclusion, creativity, leadership and continuous improvement motivates our people to keep building the best wind turbines for a better world and a more promising future,” says Israel Haro Leos, Factory Head of Operations at Vestas.
As a global leader in sustainable energy solutions, Vestas’ 30,000 employees work to shape a more sustainable future by designing, installing and maintaining wind energy projects worldwide.
Total Vestas installed base is made up of more than 185GW with a total combined capacity under service of more than 153GW, with 88 countries home to Vestas installed wind turbines.
5. Longyuan Power
Chairman: Gong Yufei
HQ: Beijing, China
Market cap: US$15.3bn
Longyuan Power is the largest wind power in Asia. A leading player in China’s wind power industry, Longyuan is the largest wind power developer in China and has a significant wind capacity portfolio.
The company operates both onshore and offshore wind farms, with its wind capacity having grown steadily over the years.
Last year, Longyuan Power unveiled what it says is the world’s first floating wind turbine, solar farm and fish farm combination, with the aquaculture project said to generate 96,000kWh of electricity daily at full capacity — the same as the daily energy consumption of 42,500 people. It was developed alongside Shanghai Electric Wind Power Group and features a three-columned, semi-submersible floating platform that supports a 3.6MW offshore wind turbine alongside 0.4MW of lightweight, flexible solar panels.
4. Brookfield Renewable Partners
CEO: Connor Teskey
HQ: Toronto, Canada
Market cap: US$17.1bn
One of the world’s largest investors in renewable power and transition assets, Brookfield’s renewables arm has almost 34,000MW of generating capacity.
It has a significant and growing wind energy portfolio diversified across attractive power markets in North America, South America, Europe and Asia, with both onshore and offshore assets. This portfolio includes around 11,300MW of capacity across 186 facilities.
Wind power, particularly onshore wind, is considered one of Brookfield Renewable Partners’ “most mature de-risk technologies” and makes up a large portion of its development strategy.
3. Adani Green Energy (AGEL)
CEO: Amit Singh
HQ: Ahmedabad, India
Market cap: US$28.6bn
Adani Green Energy Limited (AGEL) is India’s largest renewable energy solutions partner and works toward enabling the clean energy transition. It operates India’s first and the world’s largest wind-solar hybrid power cluster, which has a capacity of 2,140MW. AGEL’s operational portfolio includes 1,401MW of wind capacity.
As part of its commitment to renewable power generation, AGEL is rapidly expanding its wind energy portfolio. AGEL also utilises some of the world’s largest and most powerful onshore wind turbine generators, each with a 5.2MW capacity.
AGEL aims to reach a total renewable energy capacity of 45 GW by 2030, with wind power playing a crucial role in its diversified portfolio.
2. GE Vernova
CEO: Scott L. Strazik
HQ: Massachusetts, USA
Market cap: US$96.3bn
As one of the world’s largest wind turbine manufacturers, GE Vernova has installed more than 55,000 turbines globally and makes up nearly 120GW of installed capacity worldwide. Its technology base helps generate approximately 25% of the world's electricity.
Its wind portfolio includes both onshore and offshore turbines, with its flagship offshore product being the Haliade-X platform. Its 13MW and 15MW models are designed to produce more energy than other turbines on the market.
Speaking on Global Wind Day, Vic Abate, CEO of GE Vernova’s Wind businesses, says: “Right now, two things are for certain: the world needs more wind and the world needs our passionate team to lead the charge.
“To achieve net zero by 2040, the world needs wind energy to grow from 7% of today’s electricity to 25%. Delivering on this will take intense focus and operational discipline — and I’ve never been more confident in our One Wind team helping to achieve this goal.”
1. NextEra
CEO: John W. Ketchum
HQ: Florida, USA
Market cap: US$156.1bn
NextEra began operations at Mountaineer Wind Energy Center in West Virginia and in the 100 years since has become the world’s largest operator of wind and solar projects.
Through its subsidiary NextEra Energy Resources, NextEra has 119 wind farms across the United States, with its capacity nearly tripling over the last decade.
It started building its wind portfolio in 1998 with the establishment of its first wind site, Vansycle Ridge Wind Farm in Oregon.
It now operates 21GW of wind generation, with plans to add up to 11.5GW by 2027.
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