Taiwan Wind Energy Market: Market Size & Forecast 2026

Taiwan's wind energy market forms a critical component of the broader Asia Pacific renewable energy sector, with an installed offshore wind capacity reaching approximately 4.6 gigawatts as of early 2026. The government has set aggressive renewable energy targets as part of its transition away from nuclear power and toward cleaner energy sources. With roughly $82.9 billion worth of unfinished wind and solar projects in the pipeline, Taiwan ranks among the region's most active renewable energy markets.

• •Installed offshore wind capacity reached approximately 4.6 GW as of April 2026, with a government target of 5.3 GW in the near term
• •Unfinished wind and solar projects in Taiwan are valued at approximately $82.9 billion
• •The market sits within the global wind energy sector valued at $137.6 billion in 2025

Government policy mandates form the cornerstone of market expansion, with Taiwan committing to substantial renewable energy targets that directly translate into wind power procurement. The island nation's geographic positioning offers premier offshore wind conditions, with strong and consistent wind resources along its western and northern coastlines. Global momentum toward decarbonization, including international supply chain commitments, continues to drive investment into Taiwan's wind energy infrastructure.

• •Government renewable energy targets mandate significant wind power deployment as part of Taiwan's nuclear phase-out strategy
• •Strong offshore wind resources along Taiwan's extensive coastline provide optimal conditions for large-scale wind farm development
• •Global wind capacity is expected to cross 2 terawatts by 2030, supporting sustained demand for wind energy equipment and services in Taiwan

The market is segmented primarily by location into onshore and offshore wind, with offshore wind representing the larger and higher-growth segment globally. In Taiwan, offshore wind dominates new development activity, while onshore wind occupies a smaller but still meaningful share of total capacity. Within the broader Asia Pacific context, Taiwan stands as a leading offshore wind market alongside Japan and South Korea, benefiting from relatively shallow continental shelf waters conducive to fixed-bottom turbine installation.

• •Offshore wind is the dominant growth segment, with the global offshore wind market projected to reach $139.6 billion by 2034 at a 12.1% CAGR
• •Taiwan's offshore wind capacity significantly surpasses most other Asian markets in terms of installed and contracted capacity
• •Fixed-bottom offshore technology predominates in Taiwan due to favorable shallow-water conditions along the coastline

What are the recent trends and outlook?

The market is positioned for sustained growth through the 2030s, supported by the global offshore wind sector's projected trajectory and Taiwan's long-term energy policy commitments. Floating offshore wind is emerging as the next frontier for deeper-water sites, with Taiwan conducting early feasibility assessments and pilot projects. Supply chain localization is becoming a key theme as the government encourages domestic manufacturing of turbine components and support structures to reduce reliance on imports.

• •The global wind energy market is expected to continue expanding, with industry forecasts projecting substantial capacity additions through 2035
• •Floating offshore wind technology is being explored for Taiwan's deeper-water sites, with pilot projects under consideration
• •Localization policies are encouraging domestic manufacturing of wind turbine components and support structures within Taiwan