In 2021, the weighted average cost of capital (WACC) for onshore wind projects commissioned that year varied from roughly *** to ** percent. Argentina was the country with the largest cost of capital with **** percent. Turkey and South Africa followed, but by a wide margin, with capital costs amounting to *** and *** percent, respectively. Germany registered the lowest cost of capital at *** percent.
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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 ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /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. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /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." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 May 2023, /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 ÌÇÐÄÆƽâ°æ, /statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/ (last visited July 31, 2026)
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: /statistics/1386554/weighted-average-capital-cost-onshore-wind-power-by-country/
