Westwood Insight – Asia Pacific set for substantial 123% growth in offshore wind spend
Wednesday 11 May 2022
Mainland China grabbed the headlines in 2021 after expanding its installed capacity base by an enormous 181% – mostly in the fourth quarter – and leapfrogging the UK to become the world’s biggest market by capacity installed. But Mainland China is now changing, and other countries have great potential, so what can we expect to see from this fast-growing offshore wind region in the next decade?