Cancelled Culture: Abandoned and Delayed Offshore Wind Projects Now Account for 300 GW
MSI7 July 20251 Minute
Western markets continue to suffer from a lack of positive signals in the short- term relying heavily on the success of upcoming auction rounds as they strive for net-zero targets, while China market creates a stable platform for investment says MSI. Total project cancellations, suspensions and delays in the offshore wind market have hit 300 GW as a combination of politics and economics take their toll on planned installations in the US and Europe according to new data published by MSI. Read more at North American Clean Energy.