Developers
30 Ordered by operational + under-construction + advanced-development GW, net of stake- grossnetn
- Operating
- 6.11 3.24 19
- Construction
- 3.94 2.68 4
- Adv. development
- 11.70 6.36 10
- Early development
- 4.00 2.00 2
- Proposed
- — —
- grossnetn
- Operating
- 10.73 4.95 29
- Construction
- 7.19 4.37 6
- Adv. development
- 1.95 0.97 2
- Early development
- 4.33 2.93 3
- Proposed
- 0.57 0.57 1
- grossnetn
- Operating
- 4.45 3.21 14
- Construction
- 0.98 0.98 1
- Adv. development
- 7.23 5.22 6
- Early development
- 3.10 1.80 3
- Proposed
- — —
- grossnetn
- Operating
- 2.17 1.01 3
- Construction
- 3.60 1.44 3
- Adv. development
- 7.60 5.84 5
- Early development
- 5.90 2.99 3
- Proposed
- — —
- grossnetn
- Operating
- 1.23 0.42 5
- Construction
- 5.85 2.97 6
- Adv. development
- 1.56 0.78 1
- Early development
- 6.45 5.39 6
- Proposed
- 14.37 7.18 7
- grossnetn
- Operating
- 2.87 1.54 6
- Construction
- 0.39 0.39 1
- Adv. development
- 2.25 2.00 2
- Early development
- 3.75 3.38 4
- Proposed
- 15.22 15.22 5
- grossnetn
- Operating
- 1.72 0.46 2
- Construction
- 0.82 0.40 2
- Adv. development
- 3.84 2.79 5
- Early development
- 11.00 8.00 9
- Proposed
- 6.13 6.13 2
- grossnetn
- Operating
- 1.80 0.97 4
- Construction
- 0.49 0.49 1
- Adv. development
- 3.99 1.98 6
- Early development
- 13.18 6.27 10
- Proposed
- 7.18 3.32 10
- grossnetn
- Operating
- 1.38 0.53 4
- Construction
- 1.15 0.42 2
- Adv. development
- 2.38 2.38 2
- Early development
- 1.00 1.00 1
- Proposed
- 2.60 2.60 1
- grossnetn
- Operating
- 1.10 0.62 2
- Construction
- 2.36 1.66 2
- Adv. development
- 0.80 0.80 1
- Early development
- 5.00 5.00 2
- Proposed
- — —
- grossnetn
- Operating
- 1.54 0.51 4
- Construction
- 1.40 0.70 1
- Adv. development
- 3.00 1.47 2
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- — —
- Construction
- 1.50 0.75 1
- Adv. development
- 2.37 1.85 3
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- 1.86 0.72 6
- Construction
- 0.45 0.19 1
- Adv. development
- 3.15 1.50 4
- Early development
- 1.94 0.50 2
- Proposed
- 12.96 11.64 7
- grossnetn
- Operating
- 1.97 0.94 7
- Construction
- — —
- Adv. development
- 3.78 0.95 3
- Early development
- 1.60 0.55 4
- Proposed
- 4.50 1.75 3
- grossnetn
- Operating
- 1.32 0.92 3
- Construction
- 0.32 0.16 1
- Adv. development
- 0.79 0.79 1
- Early development
- 0.01 0.01 1
- Proposed
- 0.24 0.24 1
- grossnetn
- Operating
- 1.19 0.90 3
- Construction
- 2.16 0.87 3
- Adv. development
- — —
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- — —
- Construction
- 1.44 0.72 2
- Adv. development
- 1.56 0.78 1
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- 0.80 0.27 2
- Construction
- 1.08 0.54 1
- Adv. development
- 1.98 0.68 2
- Early development
- 1.50 0.50 1
- Proposed
- — —
- grossnetn
- Operating
- 0.50 0.20 2
- Construction
- — —
- Adv. development
- 1.29 1.29 2
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- 0.81 0.68 4
- Construction
- — —
- Adv. development
- 1.50 0.77 1
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- 1.60 0.86 3
- Construction
- 0.76 0.46 1
- Adv. development
- — —
- Early development
- — —
- Proposed
- 17.04 17.04 6
- grossnetn
- Operating
- 0.01 0.01 1
- Construction
- 2.60 1.30 1
- Adv. development
- — —
- Early development
- 0.80 0.80 1
- Proposed
- — —
- grossnetn
- Operating
- 0.78 0.21 4
- Construction
- — —
- Adv. development
- 2.12 0.95 2
- Early development
- 4.90 1.73 2
- Proposed
- — —
- grossnetn
- Operating
- 0.29 0.08 1
- Construction
- 3.60 0.72 3
- Adv. development
- 0.56 0.28 1
- Early development
- 1.85 0.85 2
- Proposed
- — —
- grossnetn
- Operating
- 0.98 0.49 4
- Construction
- 0.96 0.48 1
- Adv. development
- — —
- Early development
- 3.90 2.45 2
- Proposed
- — —
- grossnetn
- Operating
- — —
- Construction
- — —
- Adv. development
- 0.90 0.90 1
- Early development
- 4.10 4.10 4
- Proposed
- — —
- grossnetn
- Operating
- 0.55 0.11 2
- Construction
- — —
- Adv. development
- 1.50 0.75 1
- Early development
- 4.90 1.73 2
- Proposed
- 3.00 1.33 2
- grossnetn
- Operating
- 2.60 0.66 6
- Construction
- 0.76 0.08 1
- Adv. development
- — —
- Early development
- — —
- Proposed
- — —
- grossnetn
- Operating
- — —
- Construction
- — —
- Adv. development
- 1.30 0.65 1
- Early development
- 1.00 1.00 1
- Proposed
- — —
- grossnetn
- Operating
- 0.03 0.03 1
- Construction
- — —
- Adv. development
- 0.60 0.60 1
- Early development
- — —
- Proposed
- — —
Pipeline-only & sub-scale
80 Speculative pipeline or sub-scale — nothing committed or advanced yetInvestors & capital
21 Financial funds & strategic co-investors — hold stakes, don't lead deliveryChina
21 A category of its own — China's domestic, state-led market How the ranking works. Developers are ordered by net GW of
operational + under-construction + advanced-development capacity —
what's generating or on a credible path to it (advanced development =
consent granted, offtake secured or FID taken). The speculative Early
Development stage is excluded from the rank (shown separately as
"pipeline"), so a wall of
early-stage claims can't lift a developer above one that's actually
building. Every project's owners are expanded by ownership look-through
— a stake held through a JV or SPV is traced to the parent and multiplied
down the chain — and net capacity is that stake-weighted sum.
China is a separate category (a developer whose net capacity is
mostly in Chinese waters — a domestic state-led market not comparable to the
global field), as are co-investors — financial funds (pension,
yieldco, sovereign & infra capital) plus strategic stake-holders
(trading houses, municipal utilities buying minority JV stakes) that back
projects but don't originate or build. Active fund-backed platforms that
lead delivery, like CIP, Masdar and Macquarie/Corio, stay among the
developers. A profiled chip marks developers carrying an authored
strategic profile; coverage is partial and does not affect placement.
Figures are derived live from projects.yaml.
Gross and net. Every row on a card carries both. Gross is the full nameplate of each project the developer holds a stake in — the capacity it has a hand in, whatever the size of that hand. Net is its own share, after ownership look-through. The spread between the two is stake density, not an error: a firm with 3 GW gross and 0.4 GW net is a minority partner across large projects, and one whose columns nearly meet owns what it develops outright. The bar is net, coloured by lifecycle stage.
Every row here is a current holding, at one of the four lifecycle stages. Capacity a developer has sold — divested or farmed down — is not shown on these cards: it is measured differently from the rows above it, stake-weighted only and from an ownership ledger covering roughly a quarter of records, so it neither adds to nor reconciles with them. It belongs on each developer's own page, where a per-deal table can carry those limits, and it is there under Divested & farmed down.