Iran Wind Energy - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The iran wind energy market size was valued at 0.43 gigawatt in 2025 and estimated to grow from 0.55 gigawatt in 2026 to reach 1.88 gigawatt by 2031, at a CAGR of 27.94% during the forecast period (2026-2031). This report is Segmented by Location (Onshore and Offshore), Turbine Capacity (Less Than 3 MW, 3 To 6 MW, and Above 6 MW), and Application (Utility-Scale, Commercial and Industrial, and Community Projects). The Market Size and Forecasts are Provided in Terms of Installed Capacity (GW).

Iran Wind Energy Market Trends and Insights

Government 10-GW Target & SATBA Incentives Accelerate Procurement

Iran’s Seventh National Development Plan calls for 30,000 MW of renewables by 2030, including 5,000 MW of wind. SATBA signed 11 GW of MoUs with private developers in 2024, and new rules in December 2024 reduced licensing hurdles and opened National Development Fund credit lines. The 9.5 ¢/kWh tariff valid for 4.5 years cushions exchange-rate swings, while tradable PPAs create price discovery on IRENEX. Together, these measures draw domestic capital into the Iranian wind energy market and lessen reliance on scarce foreign financing. The program also prioritizes high-wind regions, which supports rapid capacity gains through 2030.

Growing Power-Supply Deficit & Load-Shedding Pressure Drive Urgency

Operational capacity stood near 62,000 MW in 2024 against peaks up to 80,000 MW, leaving gaps that produced blackouts in Tehran and factory shutdowns in Isfahan. Gas shortages forced plants to burn diesel, raising costs and emissions. Grid losses of 13% compound the shortage. High-quality wind in Sistan-Baluchestan supplies power during hot summer peaks, easing pressure on thermal units. Facing public outcry, regulators accelerated license approvals, which pushes new onshore wind into the Iranian wind energy market quicker than earlier plans predicted.

High Domestic Borrowing Costs Dampen Project IRR

Bank lending rates above 24% erode project returns, making many proposals unbankable unless sponsors tap concessional National Development Fund loans. Inflation and Rial volatility force costs to be denominated in local currency even when inputs are priced in USD. Weak step-in rights deter genuine project-finance structures, so developers rely on balance-sheet funding. This environment limits participation by smaller firms and restricts diversification within the Iranian wind energy industry.

Other drivers and restraints analyzed in the detailed report include:

• Record 85% Capacity-Factor Mil Nader Project Proves Bankability
• Tradable 20-Year PPAs on IRENEX Unlock Local Financing
• US/EU Sanctions Restricting Foreign Capital & Turbines

Segment Analysis

Onshore wind contributes 100% of installed capacity and is forecast to rise from 430 MW in 2025 to 1,880 MW by 2031, matching the overall Iran wind energy market CAGR. The Iran wind energy market size for onshore projects benefits from proven corridors in Sistan-Baluchestan, Qazvin, Khorasan, and East Azerbaijan. Developers favor land within 50 km of substations to avoid costly transmission upgrades. Offshore resources in the Caspian Sea and Persian Gulf show technical promise but remain untouched because Iran lacks offshore-rated turbines, installation vessels, and specialized cabling. Current capital costs run two to three times higher than onshore, a hurdle under domestic borrowing rates exceeding 24%. Grid planners therefore prioritize onshore expansions that can use local manufacturing and that align with SATBA’s streamlined licensing. Without sanctions relief or a targeted subsidy, offshore wind is unlikely to enter the Iranian wind energy market before 2030.

Although policy still favors onshore build-out, provincial governments along the Caspian coast continue technical assessments of monopile and gravity-base foundations in water depths under 50 m. Deeper zones would need floating platforms, but no domestic yard can fabricate them yet. If offshore prototypes emerge after 2027, they may unlock larger rotor diameters that lower levelized costs, but such gains depend on relaxed export controls for advanced composites. Until then, onshore remains the sole growth engine for the Iranian wind energy market.

Complete Report Scope:

• By Location
  • Onshore
  • Offshore
• By Turbine Capacity
  • Up to 3 MW
  • 3 to 6 MW
  • Above 6 MW
• By Application
  • Utility-scale
  • Commercial and Industrial
  • Community Projects
• By Component (Qualitative Analysis)
  • Nacelle/Turbine
  • Blade
  • Tower
  • Generator and Gearbox
  • Balance-of-System

List of Companies Covered in this Report:

• MAPNA Group
• MahTaab Group
• SUNIR
• Saba Niroo
• Tavanir
• Ghods Niroo Engineering
• Vestas Wind Systems A/S
• Siemens Gamesa Renewable Energy SA
• GE Vernova
• Nordex SE
• Goldwind
• Ming Yang Smart Energy
• Enercon GmbH
• Envision Group
• Suzlon Energy Ltd
• Doosan Enerbility
• Shanghai Electric
• Hitachi Energy
• Iran Renewable Energy Co.
• Energy Bonyan

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support