Governments Around the World Set Ambitious Offshore Wind Targets
Market Research Future Insights The global offshore wind market is expected to grow at a compound annual growth rate (CAGR) of 21% from 2023 to 2030, reaching a value of $ 117.6 billion by 2030 Offshore wind refers to the process of generating electricity from wind turbines located in the ocean or sea. Offshore wind farms are usually situated in shallow waters near coastlines, where the wind...
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