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Global Offshore Wind Capacity Rebound

Sector: Wind

Source: Marine Link

Project
Planned

The global offshore wind industry is expected to rebound in 2025 with capacity additions projected to reach 19GW and sector-wide expenditure estimated at $80 billion. This recovery follows a slowdown in 2024, driven by a record wave of lease auctions, particularly in mainland China, which is set to account for 65% of new capacity.

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Project Information

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The project “Global Offshore Wind Capacity Rebound” is an infrastructure initiative in the Wind sector. Taiyo aggregates data on it from Marine Link.

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Participants

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Status

Original status

Planned

Taiyo status

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Contact

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Email

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Description

Description

The global offshore wind industry is expected to rebound in 2025 with capacity additions projected to reach 19GW and sector-wide expenditure estimated at $80 billion. This recovery follows a slowdown in 2024, driven by a record wave of lease auctions, particularly in mainland China, which is set to account for 65% of new capacity.

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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