The U.S. wind market continued a downward trend in 2024, with 5.2 gigawatts of total installations, the lowest in 10 years, according to the U.S. Wind Energy Monitor report released by Wood Mackenzie.

The report shows 3.9 gigawatts of onshore builds came online during 2024, along with 1.3 gigawatts of onshore repowers and 101 megawatts of installed offshore capacity. (Repowering involves replacing older, less efficient wind turbines with newer, more powerful models on existing wind farms to increase energy production and extend the lifespan of the facility.)

Despite hitting the lowest installation mark since 2013 in 2024, the United States is set to surpass 160 gigawatts of cumulative installed onshore capacity by 2025. Onshore growth is projected to bounce back from 2024 and surpass 6.3 gigawatts this year.

“The cliff in 2023 and 2024 created by the Production Tax Credit push in 2022 will come to an end,” says Stephen Maldonado, research analyst a