Suppliers and contractors from China: The panacea for the capacity problems and price increases in the European offshore wind market? The European offshore wind nations – similar to many other nations worldwide – have very recently increased their offshore wind development targets drastically, from the at least 60 GW goal as set out in the EU Offshore Renewable Energy Strategy back in November 2020 to an overall goal of installing about 111 GW of offshore renewable generation capacity by 2030.
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