Report: Offshore Wind Energy Surpassed Installed Capacity of 80 GW in 2024

While many critics continue to question the viability of offshore wind energy, the UK trade group RenewableUK is out with a new market analysis highlighting the “extraordinary speed” of growth for the sector. The report details that installed capacity grew by 15 percent in the past 12 months as leading countries accelerated installations and new countries also adopted the increasingly accepted source of renewable energy.

The report calls out several key firsts including that global capacity surpassed 80.9 GW, the first time it has been at that level coming from a base of 70.2 GW just a year earlier. Additional countries are also making process with the first projects including the introductory offshore wind projects in Indonesia, Chile, and Malta which were confirmed in 2024. 

Recently, Greece mapped out its first project while on the other side of the globe…