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Analysts: Global offshore wind market poised for fivefold growth
2014-09-18 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The global offshore wind market is set to grow 28 per cent a year through to 2020, delivering a fivefold increase in capacity by the end of the decade. That is the bold prediction put forward this week by research firm GlobalData in a new report detailing how the offshore wind sector is set to grow from 7.1GW in 2013 to 39.9GW by 2020. The report argues that falling technology costs and strong policy support in a number of key markets will see the industry continue to expand at a rapid rate....
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Category:Electronics and Electrical