Total investment in the offshore wind sector has grown to $ 50 billion by 2020, up from $ 32 billion in 2019. True, the number of new completed installations decreased by 19% in GW due to the time lag between the investment and the launch of the project (due to the Covida pandemic).
The diagram shows the leaders in the production of wind power equipment. The struggle in this sector will intensify, incl. and because of the arrival of large oil companies here. Therefore, companies are inventing competitive advantages. For example, Siemens Gamesa recently unveiled plans to develop offshore wind turbines with inline electrolyzers that could generate clean hydrogen offshore.
Investment increased in offshore wind power sector
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