While Europe as a whole has set a new investment record for offshore wind projects in 2020, the construction of new wind farms in important countries like Germany is currently stagnating. Meanwhile, however, others are waiting to enter the international stage.
Despite COVID-19 restrictions, a record €26.3 billion was invested in new offshore wind farms in Europe last year. This will finance 7.1 GW of new offshore wind turbines to be built in the coming years, as WindEurope reports.
“€26 billion in new investments in 2020 is a huge vote of confidence in offshore wind. Investors see that offshore wind is ...