Canada Wind Energy Market

Canada Wind Energy Market Size and Share:

The Canada wind energy market size reached 19.5 Gigawatt in 2025. Looking forward, the market is estimated to reach 41.4 Gigawatt by 2034, exhibiting a CAGR of 8.74% during 2026-2034. The market is witnessing steady growth driven by rising investments in both onshore and offshore wind projects, supported by favorable government initiatives promoting clean energy adoption. Advancements in turbine technology are improving efficiency and reducing costs, while cross-border electricity trade is strengthening market reach. Further, these factors are accelerating the adoption of renewable energy solutions across industrial and commercial sectors, ultimately boosting the expansion of the Canada wind energy market share.

Continuous innovations in wind turbine technology are significantly driving the Canada wind energy market. Modern turbines feature higher efficiency, larger rotor diameters, and taller towers, allowing for optimized energy capture even in regions with moderate wind speeds. Technological improvements in blade design, materials, and control systems enhance reliability and reduce maintenance costs, making wind energy projects more economically viable. Additionally, the integration of smart monitoring systems and predictive maintenance tools increases operational efficiency, minimizes downtime, and extends the lifespan of wind farms. These technological advancements enable Canada to develop both onshore and offshore projects at larger scales while reducing levelized cost of energy (LCOE), thereby strengthening investor confidence and accelerating market growth.

Apart from this, the growing integration of wind energy infrastructure and cross-border electricity trade is positively influencing the Canada’s wind energy industry across the globe. Canadian wind farms are increasingly supplying power to global grids under long-term agreements, especially to the US, enabling energy producers to diversify revenue streams. Proximity to the northern US states with high renewable energy demand, coupled with interconnected transmission networks, allows for efficient electricity export. The collaboration fosters technology sharing, joint development of large-scale wind projects, and access to capital markets, further bolstering Canada’s wind energy adoption and long-term market sustainability.

Canada Wind Energy Market Trends:

Implementation of Government Policies and Incentives

The increasing government support for wind energy through policies, subsidies, and tax incentives to reduce carbon emissions and boost renewable energy adoption is one of the major factors catalyzing the Canada wind energy market trends, encouraging both domestic and international investment in sustainable energy infrastructure. For instance, in October 2024, Bill C-49 announced that it has received Royal Assent, enabling offshore wind projects in Atlantic Canada. It expands offshore boards' mandates to include renewable energy, aiming for 5 GW of power production. Moreover, the introduction of carbon pricing plan by the government, which requires industries to reduce emissions or pay a carbon tax, thus motivating energy producers to transition towards wind energy, is fueling the market growth. Additionally, provincial programs like Ontario’s Feed-in Tariff (FIT) are playing an instrumental role in encouraging investment in wind farms by guaranteeing long-term contracts at favorable rates. These policies are designed to meet the country’s emission reduction targets and to stimulate the renewable energy sector that offers stability and predictability, thereby allowing businesses to make significant investments in wind energy projects across Canada.

Growing Abundance of Wind Resources

The rising availability of vast wind resources across the country that offer consistent wind speeds, making them ideal locations for large-scale wind farms, is stimulating the market growth. As per several industry reports, Canada generated 36 terawatt-hours of electricity from wind energy in 2022, accounting for 5.7% of total electricity generation. This was enough to power some three million Canadian homes. This abundance of wind makes it economically feasible to expand wind energy production. Furthermore, the availability of vast land for wind farm development enhances the opportunity for scaling up wind power, thus boosting the expansion of the industry. Large tracts of unused or underutilized land, particularly in rural and remote regions, provide flexibility for developers to plan and implement multiple wind projects simultaneously. This also allows for strategic placement of turbines to maximize energy capture while minimizing environmental and social impacts. Combined with the country’s supportive infrastructure and accessibility to transmission networks, these factors collectively boost the Canada wind energy market growth.

Increasing Demand for Clean Energy

The rising awareness of climate change that encourages consumers and businesses to seek ways to reduce their carbon footprints is positively impacting the market growth. Moreover, the growing focus of corporations on signing power purchase agreements (PPAs) for wind energy to meet their renewable energy targets, is fueling the market growth. It helps stabilize the demand for wind energy and ensures long-term contracts for wind farm developers. For instance, in December 2024, Canada extended its net-zero electricity grid target to 2050 with finalized Clean Electricity Regulations. The plan aims to reduce 181Mt of carbon emissions and relies on clean sources like wind and hydropower. Additionally, the growing incorporation of renewable energy into the energy mix, thus reducing reliance on fossil fuels and nuclear power, is contributing to the market growth. Along with this, the increasing support from consumers for renewable energy, influencing political decisions to prioritize clean energy investments, is enhancing the market growth.

Canada Wind Energy Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Canada wind energy market, along with forecasts at the country levels from 2026-2034. The market has been categorized based on component, rating, installation, turbine type, and application.

Analysis by Component:

• Turbine
• Support Structure
• Electrical Infrastructure
• Others

As per the Canada wind energy market outlook, turbines are one of the most critical components as they directly influence power output and efficiency. Growing investments in advanced turbine technology, such as larger rotor blades and improved gear systems, are enhancing energy capture even at lower wind speeds. Canada’s vast geography, with its mix of strong coastal and inland wind corridors, is creating demand for robust turbine solutions that optimize energy yield. Additionally, domestic and international manufacturers are focusing on producing turbines tailored to Canadian climate conditions, including ice-resistant blades and cold-weather adaptations. This ongoing innovation in turbine design is driving installations across both small- and large-scale projects, positioning turbines as a central growth driver in Canada’s renewable energy transition.

Support structures are becoming increasingly important in Canada’s wind energy sector as developers seek solutions that can withstand diverse terrains and extreme weather conditions. Onshore projects require durable foundations to manage soil variability, while offshore projects demand corrosion-resistant and stable structures for deep-water environments. Canada’s growing offshore wind potential along the Atlantic coast is particularly fueling demand for innovative support systems, including monopile and floating foundations. The emphasis on structural reliability ensures long-term project performance, reducing operational risks and maintenance costs. Furthermore, local partnerships in construction and steel production are strengthening supply chains for support structures, ensuring timely deployment. As wind energy projects scale up, the demand for advanced and resilient support structures is emerging as a key driver for the market.

Electrical infrastructure is a critical driver for the market as it ensures the efficient transmission and integration of generated power into the national grid. Expanding wind capacity requires modern substations, transformers, and smart grid technologies capable of handling variable power loads. Canada’s commitment to strengthening its transmission network, especially to connect remote wind-rich regions with high-demand urban centers, is fueling investments in this segment. Advanced electrical systems are also being deployed to enhance grid stability and reduce energy losses, making wind power more reliable and competitive. Government-backed initiatives supporting clean grid modernization and cross-border electricity trade are further boosting demand. As the sector grows, robust electrical infrastructure is enabling smoother integration of wind power into Canada’s energy mix.

Analysis by Rating:

•  ≤ 2 MW
•  >2 ≤ 5 MW
•  >5 ≤ 8 MW
• >8 ≤ 10 MW
• >10 ≤ 12 MW
• >12 MW

In the Canada wind energy market, turbines with a power rating of ≤ 2 MW are gaining traction for small-scale and distributed energy projects. These systems are particularly suited for rural communities, farms, and industrial facilities seeking localized energy solutions. Growing interest in decentralized energy generation is driving demand for such smaller units, as they offer flexibility and reduce reliance on large grids. Government support programs for community-led renewable energy initiatives further encourage adoption. The low initial investment and quicker installation timelines of ≤ 2 MW turbines also make them attractive for emerging developers. As energy affordability and sustainability remain priorities, this segment is playing a critical role in expanding clean power access across Canada’s diverse regions.

The >2 ≤ 5 MW turbine segment is a major driver in the market due to its balance of scalability and efficiency. These turbines are widely deployed in medium to large-scale onshore projects, offering higher energy yield while maintaining cost-effectiveness. Developers prefer this category as it reduces the number of units needed per project, optimizing land use and lowering maintenance expenses. Canada’s favorable wind conditions across provinces like Alberta, Ontario, and Quebec are encouraging installations in this capacity range. Additionally, manufacturers are focusing on delivering customizable designs within this segment to match site-specific requirements. With rising demand for economically viable yet high-performing solutions, the >2 ≤ 5 MW category continues to drive project development nationwide.

The >5 ≤ 8 MW turbine category is gaining momentum in Canada as developers increasingly focus on utility-scale projects, particularly offshore and large onshore wind farms. These high-capacity turbines deliver superior efficiency, allowing greater power output from fewer units, which significantly reduces project costs in the long run. Canada’s exploration of offshore wind opportunities in Atlantic provinces is creating demand for turbines in this category, given their ability to handle strong and variable wind speeds. Furthermore, advancements in blade length, tower height, and digital monitoring systems are enhancing performance reliability in diverse conditions. By meeting the country’s growing renewable energy targets, the >5 ≤ 8 MW turbine segment is emerging as a pivotal driver in Canada’s wind energy transition.

Analysis by Installation:

• Offshore
• Onshore

Offshore wind development is an emerging driver for Canada’s wind energy industry, supported by strong wind resources along the Atlantic coastline and government-led exploration of offshore potential. Offshore projects allow large-scale power generation with minimal land use conflict, making them attractive for expanding renewable capacity. The high efficiency and steady wind patterns at sea enhance energy reliability, further encouraging investment. Additionally, international collaboration with countries experienced in offshore development is facilitating knowledge transfer and technology adoption. While regulatory frameworks and infrastructure development are still evolving, pilot studies and feasibility assessments are underway. With long-term potential for substantial contribution to Canada’s energy mix, offshore wind is becoming a strategic growth driver in the national renewable landscape.

Onshore wind remains the backbone of the wind energy sector in Canada, accounting for the majority of installed capacity. Abundant land availability in provinces such as Alberta, Ontario, and Quebec provides favorable conditions for large-scale onshore projects. Government incentives and renewable energy targets are driving further investment in this segment. Onshore wind offers relatively lower installation and operational costs compared to offshore, making it a cost-competitive renewable energy source. Technological advancements in blade design and turbine performance are also improving efficiency and reducing project downtime. Moreover, onshore projects often deliver faster deployment timelines, aligning with Canada’s goal of rapidly scaling up renewable capacity. As a result, onshore wind continues to be a dominant driver of growth across the country.

Analysis by Turbine Type:

• Horizontal Axis
• Vertical Axis

Horizontal axis wind turbines (HAWTs) are widely preferred due to their proven efficiency and widespread adoption in large-scale projects. Their aerodynamic design enables higher energy capture, especially in regions with steady wind flows. The dominance of HAWTs is supported by continuous improvements in rotor blade length, tower height, and generator systems, which significantly increase energy output. Canadian developers favor horizontal axis turbines for both onshore and emerging offshore projects, given their reliability and scalability. Moreover, their compatibility with advanced digital monitoring systems enhances operational efficiency. As wind projects expand across diverse Canadian landscapes, the adoption of horizontal axis turbines remains central to driving overall market growth and energy generation capacity.

Vertical axis wind turbines (VAWTs) are contributing to Canada’s market as an innovative solution for urban and small-scale applications. Their compact design and ability to operate in variable wind directions make them suitable for cities, remote areas, and distributed energy systems. While less efficient than horizontal axis turbines in large-scale projects, VAWTs are valued for their low noise levels, minimal maintenance, and ease of installation. Increasing emphasis on community-based and residential renewable projects is fueling demand for vertical axis models. Additionally, research and pilot initiatives in Canada are exploring their potential to enhance localized energy solutions. As urban sustainability goals gain momentum, VAWTs are driving niche growth within the broader wind energy sector.

Analysis by Application:

• Utility
• Industrial
• Commercial
• Residential

Utility-scale wind energy projects are extensively supported by government commitments to expand renewable capacity and reduce carbon emissions. Large utilities are investing heavily in wind projects to diversify energy portfolios and meet clean energy mandates. Provinces like Alberta and Ontario are leading in utility-scale installations, with projects generating significant volumes of electricity for grid supply. The efficiency and scalability of large turbines make wind an attractive option for utilities seeking cost-competitive renewable energy. Additionally, partnerships between government and private developers are accelerating project financing and execution. Utility-scale wind power continues to strengthen Canada’s ability to meet national and international climate targets while ensuring energy security.

Industrial adoption of wind energy is becoming a notable trend in Canada, particularly among energy-intensive sectors aiming to cut operational costs and reduce carbon footprints. Manufacturing, mining, and processing industries are increasingly investing in captive wind power projects or purchasing renewable energy through power purchase agreements (PPAs). The stable and long-term cost benefits of wind energy make it an attractive alternative to traditional fossil fuels. Canada’s policy support for industrial decarbonization is also pushing companies to adopt cleaner energy solutions. By integrating wind power into their operations, industries are enhancing sustainability credentials while improving energy independence. This growing demand from the industrial sector is driving significant opportunities within Canada’s wind energy market.

The commercial sector is contributing to wind energy market growth as businesses prioritize sustainability and cost savings. Retail centers, office complexes, and service industries are exploring smaller-scale wind installations or renewable energy sourcing through PPAs. The rising importance of corporate social responsibility and green branding is encouraging businesses to shift toward wind power. Government incentives and green energy certification programs are further supporting adoption among commercial entities. Additionally, localized wind projects are helping commercial establishments reduce energy costs while ensuring reliable supply. As more Canadian businesses align with global sustainability trends, the commercial sector is driving incremental demand for wind energy and contributing to market diversification.

Regional Analysis:

• Ontario
• Quebec
• Alberta
• British Columbia
• Others

Ontario is a significant contributor in Canada’s wind energy market due to its strong policy framework, including renewable energy incentives and long-term energy planning. The province benefits from high wind potential in regions such as southwestern Ontario, which supports large-scale onshore projects. Continuous investment in transmission infrastructure enables efficient integration of wind-generated power into the grid. Ontario’s focus on decarbonizing electricity and meeting provincial renewable energy targets has attracted both domestic and international developers. Technological advancements in turbine efficiency and project management have accelerated installations, while collaborations between private investors and the provincial government are boosting financing and operational support. Collectively, these factors make Ontario a key contributor to the growth of Canada’s wind energy sector.

Quebec plays a key role in driving wind energy sector in Canada owing to its vast land availability and favorable wind conditions, particularly in Gaspésie and other northern regions. The province has established long-term renewable energy policies and incentive programs to encourage private-sector investment in wind power. Quebec’s strong commitment to reducing greenhouse gas emissions has led to substantial capacity expansion, including large-scale onshore wind farms. Integration with existing hydroelectric infrastructure enables grid stability and efficient energy distribution. Furthermore, the province’s support for local manufacturing of turbines and components stimulates regional economic growth. These combined factors make Quebec a prominent driver for sustainable wind energy development in Canada.

Alberta is emerging as a major growth driver in Canada’s wind energy market due to its expansive open plains and high wind resources, making it ideal for utility-scale projects. Provincial policies encouraging diversification from fossil fuels, coupled with favorable land leasing frameworks, support the development of new wind farms. Alberta’s commitment to energy transition has attracted both domestic developers and international investors seeking long-term project opportunities. Integration with existing power transmission networks and innovations in turbine technology enhance project efficiency and reliability. The province’s growing focus on hybrid renewable projects, combining wind with solar and storage solutions, further accelerates market adoption. These dynamics position Alberta as a key driver of Canada’s wind energy capacity growth.

British Columbia is driving Canada’s wind energy market through its strong renewable energy policies and strategic geographic advantages. The province’s coastal and mountainous regions provide diverse wind resources suitable for onshore and potential offshore development. B.C. emphasizes clean energy integration and decarbonization targets, supporting investment in new wind infrastructure. Modern grid expansion initiatives enhance connectivity to urban demand centers, ensuring reliability of supply. Additionally, partnerships with local communities and First Nations facilitate project approvals and sustainable development. Technological improvements in turbines and site-specific engineering solutions optimize energy capture in the region’s varied terrain. Collectively, these initiatives make British Columbia an important contributor to the national wind energy landscape.

Competitive Landscape:

Companies in the Canada wind energy market are implementing strategic initiatives to address increasing demand and align with evolving regulatory frameworks. Key efforts focus on leveraging digital tools and data analytics to improve R&D efficiency, drive turbine innovation, and optimize performance across wind farm operations. Automation is being integrated into manufacturing and maintenance processes to enhance consistency, reduce downtime, and improve energy output reliability. Additionally, firms are investing in compliance systems and certification frameworks to streamline regulatory approvals and facilitate smoother market entry. These advancements enable faster responses to industry needs, reduce operational inefficiencies, and support data-driven decision-making, strengthening competitiveness in Canada’s rapidly expanding wind energy sector, while providing insights into Canada wind energy market forecasts for stakeholders and investors.

The report provides a comprehensive analysis of the competitive landscape in the Canada wind energy market with detailed profiles of all major companies.

Latest News and Developments:

• August 2025: Canada designated four offshore wind energy areas off Nova Scotia, French Bank, Middle Bank, Sable Island Bank, and Sydney Bight, to support its goal of licensing 5 GW by 2030. This advance prepares for a competitive bidding process, aiming to position Nova Scotia as a clean energy leader.
• August 2025: London-based Atlantica Sustainable Infrastructure announced acquiring Statkraft’s Canadian renewable platform, adding 236 MW operational wind capacity and 0.8 GW development pipeline. The deal, closing by year-end, strengthens Atlantica’s Canadian market presence and includes key wind assets, staff, and solar, wind, and storage projects.
• June 2025: Vestas secured a 124 MW wind turbine order from EDF Power Solutions for Québec’s Haute-Chaudière project. The deal includes 20 V162-6.2 MW turbines and a 10-year service agreement. The project supports Québec’s wind power goals, local job creation, and includes towers supplied by Québec-based Marmen.
• June 2025: The Canada Infrastructure Bank invested CAD 108.3 Million in the 102.2 MW Mesgi’g Ugju’s’n 2 (MU2) wind farm in Québec. A partnership between Mi’gmaq communities and Innergex, MU2 will power 20,000 homes, create 150 jobs, and reduce emissions by 153,000 tonnes annually, with operations starting in late 2026.
• January 2025: Nordex Group secured 247 MW in wind turbine orders for Nova Scotia, Canada, with delivery set for spring 2026. These orders pushed Nordex’s North American sales past 1 GW for 2024, a 350% increase from 2023, highlighting strong growth as it expands manufacturing in Iowa.

Canada Wind Energy Market Report Scope:

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Canada wind energy market from 2020-2034.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Canada wind energy market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Canada wind energy industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.