Global Offshore Wind Industry Poised For Accelerated Expansion

GWEC forecasts the installation of an additional 410 GW of offshore wind capacity over the next ten years, propelled by industry-government collaboration and the effective implementation of streamlined policy and regulatory frameworks. A significant driver would be the emergence of the next wave of offshore wind markets like Australia, Japan, South Korea, the Philippines, Vietnam, Brazil, Colombia, Ireland, India and Poland. Across these nations, concerted policy action accompanied by collaborative efforts involving governments, industry, and civil society are coming together to enable long-term offshore wind development at a large scale.

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