Offshore wind capacity to reach 420 gigawatts by 2035

A Global Wind Energy Council report indicates offshore wind capacity will quadruple over the next decade. While China currently leads the market, industry leaders warn that slow planning and grid connection processes remain significant hurdles for future development.

Global offshore wind capacity will quadruple to 420 gigawatts (GW) by the end of 2035. The Global Wind Energy Council (GWEC) report indicates 327 GW of new capacity will be added over the next decade. The industry reached 92 GW of total installed capacity by the end of 2025, providing power for approximately 100 million homes.

Rapid Expansion of Global Wind Infrastructure

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.