APAC offshore wind: frontier of growth

Led by China, the Asia Pacific region represents the majority of installed global offshore wind capacity, with a bullish outlook for new capacity in Taiwan, South Korea, Japan and Vietnam.

MSI senior offshore energy market analyst, Todd Jensen, admitted there have been “some hiccups along the way” in the region but was bullish on its outlook. “The next five to 10 years, there’s a lot of opportunity, especially in APAC, to get offshore wind kicking off,” he said. Read more at Riviera.