Offshore Wind Energy Market Is Expected to Witness Substantial Growth During Forecast by 2025.

As per the Global Wind Energy Council , weakening prices of offshore wind energy is luring countries outside developed regions, thus steering the offshore wind energy market toward development. The Global Wind Report, published recently by GWEC revealed that over 54GW of wind power was installed worldwide in 2016 and that the industry is likely to achieve installed capacity of more than 800GW by the end of 2021.

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