Offshore Wind Energy Update and Outlook 2020

The global offshore wind market has grown nearly 30 percent per year since 2010 and is projected to be a US$1 trillion industry over the next two decades. Markets around the world are seeing significant increases in offshore wind activity driven by more evolved regulatory structures and cost reductions due to technological advancements and growing competition.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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