3. China to focus on offshore wind growth
China to focus on offshore wind growth

China to focus on offshore wind growth

According to consultants from Rystad Energy, China is expected to lead the way in global offshore wind farm production in the coming years.


“China had a construction backlog of more than 10 gw going into 2020, and Chinese developers are racing to reach maximum commissioning by the end of the year in order to claim full feed-in-tariffs. This means 2021 is going to see major capacity additions, particularly since some projects initially scheduled for commissioning in 2020 ended up slipping into 2021,” stated Alexander Fløtre, Rystad Energy’s offshore wind product manager.

In 2020, the world's installed offshore wind capacity grew by 15 percent to 31.9 gw, with China being the main contributor of 39 percent, followed by the Netherlands (18 percent) and the United Kingdom (17 percent ).

Rystad Energy expects a further 11.8 gw increase in global installed offshore wind capacity in 2021, and China will continue to lead new capacity additions, contributing 63 percent of the projected rise.

Maritime Business World 

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