Despite Challenges, Floating Offshore Wind Capacity Continues to Grow
The world is recording a significant increase in electricity being generated by floating offshore wind farms, with a new report showing that operational capacity has increased by 38 percent over the past 12 months. Despite the offshore wind industry grappling with mounting challenges - including regulatory obstacles, soaring capital costs and supply chain bottlenecks among others - its costliest variant, floating turbine installations, is still making headway. The latest edition of RenewableUK’s EnergyPulse report now shows that the operational capacity...
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