USD27 billion needed to ramp up the offshore wind energy supply chain

Difference between Wood Mackenzie’s offshore wind outlook and 2030 government targets-

The global offshore wind supply chain will require USD27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to the latest Horizons report by Wood Mackenzie, a global insight business for renewables, energy and natural resources.

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