Thursday 1 September 2022

About a year ago in the second quarter of 2021, Mainland China became the world’s largest offshore wind market. Mainland China now has 25GW of operational capacity. With this rapid expansion in fixed-bottom offshore wind development, it’s no wonder that Mainland China is also fast-tracking its development in floating wind.

According to Westwood’s WindLogix data, Mainland China is currently ranked fifth globally in terms of installed floating wind capacity to date with 5.5MW. By 2026, Mainland China is estimated to have commissioned a total floating wind capacity of 477MW, 13.4% of the global floating wind capacity, which is forecast to be 3.6GW by 2026.

Full story here