The global offshore wind market is poised to grow over USD 49,741.0 million by 2023 at an estimated CAGR of 11.12% through the forecast period. Offshore winds are steady and have faster speeds resulting in higher & reliable energy generation. The growth in this sector can be attributed to the increasing demand for clean and reliable energy in order to reduce the global carbon emissions and to maintain ecological balance by generating electricity through renewable resources. However, high ... Read more
The global energy landscape is undergoing a significant transformation, with an increasing focus on sustainable and renewable sources to combat climate change and reduce carbon emissions. Among these sources, offshore wind energy has emerged as a key player in the transition towards a greener and more sustainable future. Offshore wind farms harness the immense power of wind turbines located in coastal waters and open seas, providing a clean and abundant ... Read more
