Offshore Wind Market Estimated To Witness High Growth Owing To...

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2024-01-02 09:02:35 -

Offshore Wind Market Estimated To Witness High Growth Owing To Growing Renewable Energy

Market Dynamics:Growing renewable energy targets by governments is estimated to drive the offshore wind market over the forecast period. Various governments are setting targets to increase the capacity of renewable energy for power generation and reduce dependence on conventional energy sources. For instance, the EU aims to generate at least 32% of its total energy from renewable energy...

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