A wind farm (or wind park) is a group of wind turbines in the same location, connected to the grid. The wind farm market is the segment of the wind industry that develops, finances, builds, and operates these facilities. The wind farm market for "onshore" farms is the largest. The wind farm market for "offshore" farms is the fastest-growing. The wind farm market for "repowering" (replacing old turbines with new ones) is a significant activity. The wind farm market for "hybrid" (wind + solar + storage) projects is growing.

The broader wind power market includes these farms. The wind farm market for "development" includes site selection, wind resource assessment, environmental impact studies, and permitting. The wind farm market for "permitting" can be a long and complex process. The wind farm market for "community" engagement is important.

The wind farm market for "financing" involves a mix of equity and debt. The wind farm market for "tax equity" (in the US) is a specialized financing structure. The wind farm market for "green bonds" are used for some projects. The wind farm market for "power purchase agreements" (PPAs) provide revenue certainty.

The wind farm market for "construction" involves building roads, foundations, and the electrical collection system. The wind farm market for "installation" of turbines requires large cranes. The wind farm market for "offshore" installation requires specialized vessels. The wind farm market for "commissioning" (testing) follows construction.

The wind farm market for "operations and maintenance" (O&M) is an ongoing cost. The wind farm market for "remote monitoring" of turbine performance is standard. The wind farm market for "scheduled" maintenance (oil changes, inspections) and "unscheduled" repairs are required.

Looking ahead, the wind farm market will see the development of "floating" offshore wind farms. The wind farm market for "digital twins" (virtual replicas) will improve O&M. The wind farm market for "autonomous" inspection (using drones) will reduce costs.

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