In 2021, the weighted average cost of capital (WACC) for onshore wind projects commissioned that year varied from roughly one to 14 percent. Argentina was the country with the largest cost of capital with 13.8 percent. Turkey and South Africa followed, but by a wide margin, with capital costs amounting to 7.5 and 6.6 percent, respectively. Germany registered the lowest cost of capital at 1.3 percent.
Benchmark weighted average cost of capital for onshore wind energy projects commissioned worldwide in 2021, by select country
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IRENA. (May 15, 2023). Benchmark weighted average cost of capital for onshore wind energy projects commissioned worldwide in 2021, by select country [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/
IRENA. "Benchmark weighted average cost of capital for onshore wind energy projects commissioned worldwide in 2021, by select country." Chart. May 15, 2023. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/
IRENA. (2023). Benchmark weighted average cost of capital for onshore wind energy projects commissioned worldwide in 2021, by select country. Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/
IRENA. "Benchmark Weighted Average Cost of Capital for Onshore Wind Energy Projects Commissioned Worldwide in 2021, by Select Country." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/
IRENA, Benchmark weighted average cost of capital for onshore wind energy projects commissioned worldwide in 2021, by select country Statista, https://www.statista.com/statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/ (last visited June 16, 2024)
Benchmark weighted average cost of capital for onshore wind energy projects commissioned worldwide in 2021, by select country [Graph], IRENA, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/