Despite headwinds, offshore wind will see 'massive' growth to 2032 – report
The global offshore wind industry experienced its second-best year ever in 2022, adding 8.8 GW of clean energy online and bringing the total offshore wind capacity to 64.3 GW globally, according to the Global Wind Energy Council (GWEC). China is expected to remain the leading market for offshore wind growth in 2023, and an estimated 380 GW of new offshore wind capacity is projected to be built by 2032, with the Asia-Pacific region accounting for nearly half of it. However, challenges such as supply chain bottlenecks and regulatory delays need to be addressed for the industry to reach its full potential.