offshore wind power market size is anticipated to reach a capacity of approximately
94 GW by 2026, exhibiting a
CAGR of 19.2% during the forecast period. The growth is primarily attributable to the rising investments in wind power projects. Favorable government policies are also complementing the market growth. Fortune Business Insights™ has presented this information in their report titled, “Offshore Wind Power Market, 2019-2026”. The market size stood at 23 GW in 2018.
Offshore wind power is one of the most valuable renewable energy sources worldwide. The market has gradually been gaining traction and is expected to witness substantial growth in the forthcoming years. The global market comprises countries like U.K., Denmark, Germany, China, and Belgium as the leading territories.
Clean Energy for Defense Market Value Projected to Expand by 2026 The report titled Clean Energy for Defense Market offers a primary overview of the Clean Energy for Defense industry covering different product definitions,
BriefingWire.com, 5/29/2021 - Report Summary:
The report titled Clean Energy for Defense Market offers a primary overview of the Clean Energy for Defense industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global Clean Energy for Defense market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the Clean Energy for Defense industry.
By Anmar Frangoul, CNBC •
Updated 1 hour ago
Philippe Clément/Arterra | Universal Images Group | Getty Images
As countries attempt to reduce emissions and move away from fossil fuels, offshore wind looks set to play a key role.
This expansion will, according to a report published on Thursday, will require substantial investment in European ports.
European ports will require new infrastructure and significant investment over the next few years to cope with the growth of the region s offshore wind sector, according to a new report from industry body WindEurope. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
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by Michael McGovern
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