Wind Power 2026 Strategy: Offshore & Overseas Growth

This report analyzes the wind power industry outlook for 2026, highlighting strong onshore wind installation support and optimistic growth for offshore and overseas markets during China's 15th Five-Year Plan period. Onshore wind installations in 2025 are estimated to exceed 100 GW, with average annual installations of 110-120 GW expected through 2030. Offshore wind is poised for significant expansion, with 2026 installations forecast at 11-13 GW, a 30% year-on-year increase, and average annual installations exceeding 20 GW during the 15th Five-Year Plan. European offshore wind plans are intensifying, with installations entering an acceleration phase and a 21% CAGR from 2025-2030. Submarine cable voltage levels are increasing, with leading players strengthening positions and a market size expected to reach RMB 34.3 billion by 2030. Towers and piles see a domestic profit inflection point and overseas expansion opportunities. Wind turbine prices are stabilizing and rebounding, with profitability expected to improve in 2026. Investment recommendations focus on offshore wind and wind turbine sectors, with key players including Dajin Heavy Industry, Orient Cable, Goldwind Sci & Tech, and Mingyang Smart Energy. Risks include intensified competition, policy changes, and raw material price fluctuations.