Posted by: Windfair Editors
Europe needs much more wind energy
Official Press Release WindEurope:
Europe invested €41bn in new wind farms in 2021
WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41bn in new wind farms in 2021. This is financing 25 GW of new capacity, a record. But the investments are falling well short of the 35 GW a year of new wind the EU now needs to build to meet its 2030 climate and energy security targets.
Europe invested €41.4bn in new wind farms in 2021. This is 11% less than 2020. But the investments cover 24.6 GW of new capacity, which is a record for new capacity financed in a single year. Most of the new wind farms financed were onshore – 19.8 GW. Which partly explains why the amounts invested were down compared to 2020: onshore wind is slightly cheaper than offshore. The... ... More: Official Press Release WindEurope
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