Wind Energy Price Trend Analysis 2026: Price Drivers, Latest News, Supply Demand Analysis, Historical Prices & Market Insights

Wind Energy Price Trend H2 2025

Wind energy tariffs and equipment pricing in India continued to reflect a broadly stable trajectory during the second half of 2025, shaped by policy developments, expanding offshore wind ambitions, and sustained momentum in onshore capacity additions. Onshore wind tariffs remained competitive relative to other renewable energy sources, supported by a maturing domestic supply chain and steady turbine procurement activity across key wind-rich states.

Wind turbine and component prices remained largely stable during the period, with modest easing observed across select equipment categories. Blade and nacelle costs edged lower as domestic manufacturing capacity expanded and procurement volumes increased, improving economies of scale for major developers. Tower section prices tracked movements in upstream steel markets, which softened through much of the half-year, offering some relief on civil and structural costs. Offshore-specific equipment, including marine foundations, subsea cables, and specialised port handling infrastructure, remained at a significant cost premium relative to onshore equivalents, reflecting the limited domestic supply base and early-stage nature of India's offshore wind industry. The offshore wind segment drew considerable attention following the government's approval of viability gap funding for projects off the Gujarat and Tamil Nadu coasts. Renewable purchase obligation targets continued to drive procurement demand, though compliance gaps in certain states created pockets of uncertainty.

Analyst Insight

According to Procurement Resource, wind energy tariffs are expected to hold steady in the near term, with offshore costs gradually declining as project scale increases and domestic value chains develop.