Global offshore wind capacity set to grow to 420 GW by end of 2035, GWEC report says

June 9 (Reuters) – Global offshore wind capacity is set to quadruple over the next decade to reach ​420 gigawatts (GW) by the end of 2035, ‌a report by the Global Wind Energy Council (GWEC) showed on Tuesday.

  • Around 92 GW of offshore wind was installed by ​the end of 2025, enough to power ​around 100 million homes.
  • More than 327 GW of ⁠new offshore wind capacity is forecast to be ​added in the next decade, taking global offshore ​wind capacity to 420 GW by the end of 2035, the report said.
  • More than 50 GW of offshore wind projects ​are currently under construction around the world. Annual ​installations are expected to double this year, triple by 2031 ‌and ⁠surpass 50 GW per year by 2035.
  • China accounts for 52% of the global offshore wind market, having overtaken Britain in 2021. Germany, the Netherlands and ​Taiwan are ​also among ⁠the top five countries for offshore wind installations.
  • “Offshore wind is a natural fit ​for many countries but there are still ​too ⁠many solvable challenges that are delaying more projects being built,” said Rebecca Williams, deputy CEO of GWEC.
  • “The ⁠planning ​and grid connection process can ​be painfully slow and beset with risks for developers and investors,” ​she added.

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