Onshore Wind

Why choose onshore wind? 

With ambitious renewable energy and energy transition targets across the world, as well as rising support for the construction of onshore wind farms, it’s no surprise that the global onshore wind market size is forecast to reach $52.1 billion by 2026, according to a report from IndustryARC. The 2023 GWEC Global Wind Energy Report forecasts a Compound Annual Growth Rate of Onshore Wind of 12% in the next five years, with a total of 550 GW capacity to be built between 2023 and 2027. This will take us past 1 TW of installed wind capacity within 2023. 

The combination of onshore wind and hybrid/complementary technologies, including solar PV, energy storage, green hydrogen and green ammonia production, is increasing in adoption globally, with ABL having strong experience across all these areas. 

Being one of the most cost-competitive sources of power in the world, onshore wind is a very attractive option. However, with potential upcoming supply chain bottlenecks, especially in Europe and the US, coupled with permitting, policy and grid infrastructure challenges in many markets, the rollout of onshore wind is not without its challenges. OWC offers local market knowledge to provide clients with a holistic understanding and feasible solutions to challenges in each market.