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Global Offshore Wind: Annual Market Report 2021

Global Offshore Wind: Annual Market Report 2021

2020 was a year of substantial milestones for offshore wind (OSW) in the face of the global coronavirus pandemic, a trend that has continued into 2021.

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The ongoing maturation of the technology and declining costs for offtake have inspired governments and investors to embrace offshore wind, with many authorities touting it as a cornerstone to a ‘green economic recovery’ in the wake of global recession.​