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Today’s wind turbines vary from small (single home or business) to utility-scale (offshore wind farms). offshore wind energy production by 2035 using large-scale floating turbines that can be placed in deeper water. Wind energy is a cost-effective way to incorporate clean, sustainable energy into the power supply.
The expansion of the solar PV supply chain is enabling the manufacturing necessary to meet the demands of the growing industry. More manufacturing capacity in the US, India and the EU is expected to help diversify the solar PV supply chain, but China continues to dominate the space.
Industries that will benefit: Electric Vehicle (EV) Manufacturers: Germany’s PFTF includes substantial incentives for both individual consumers and companies in the EV industry. Renewable Energy: The PFTF removes the cap on solar power expansion while increasing offshore wind power investment targets.
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