Article 73ERG Offshore Wind Industry Posts Record Growth Amid U.S. Policy Setbacks

Offshore Wind Industry Posts Record Growth Amid U.S. Policy Setbacks

by
Aaron Larson
from POWER Magazine on (#73ERG)

Record capacity, record auctions, and record-breaking turbines mark a maturing industry, but U.S. policy reversals and macroeconomic headwinds threaten to slow momentum. The global offshore wind industry achieved significant milestones in 2024 and early 2025, with installed capacity surpassing 83 GW and a record-breaking 56 GW awarded in competitive auctions worldwide. Yet, this momentum faces [...]

The post Offshore Wind Industry Posts Record Growth Amid U.S. Policy Setbacks appeared first on POWER Magazine.

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