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Europe: Wind turbine orders surge in Q4 2024, with Germany, UK and Turkey leading

In the fourth quarter of 2024, a total of 16 European countries placed orders for wind turbines, reaching a combined capacity of 9.3 GW. This marks a significant 121% increase compared to the previous quarter and a 77% rise from the same period the previous year.

Germany led the way with the largest order volume, securing 2.5 GW of wind turbines, followed closely by the United Kingdom with 2.4 GW. Turkey ranked third with 638 MW of new orders. Notably, both the UK and Germany recorded substantial offshore wind farm orders, with three major contracts collectively adding up to 2.9 GW.

Among turbine manufacturers, Vestas took the largest share of the market, capturing 48% of the total orders. Nordex followed with 39%, while Siemens Energy accounted for 13%. China’s Goldwind had a minimal presence, securing less than 1% of the market share.

Nordex secured orders in 12 countries, while Vestas placed orders in 11. Siemens Energy and Goldwind each managed to secure orders in one country. Of the onshore wind projects, 69% of the turbines ordered had a capacity of over 5 MW. All offshore turbines ordered had a capacity of 15 MW. The average capacity of onshore turbines ordered was 5.6 MW, a 4% increase compared to the third quarter of 2024.

Montenegro stood out as the only country from the region to place turbine orders during this period. Furthermore, operations and maintenance agreements were included in 83% of the total ordered capacity, with over 2.7 GW of turbines covered by long-term agreements lasting at least 20 years.

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