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Europe can top 4GW for the first time and more than double offshore wind capacity additions seen in 2021, the best year ever for the global offshore wind industry. of total cumulative global offshore wind installations, followed by Asia with 49.5% of total cumulative global offshore wind installations, followed by Asia with 49.5%
Policies driving development At 2023’s United Nation’s Climate Change Conference (COP28), governments set a goal to triple global renewables power capacity by 2030. To develop renewable energy technology, governments are turning to various public policy measures.
Wind power can be generated by turbines on land, as well as offshore wind farms over water. Countries leading the way Governments around the world are taking strides to increase production and use of alternative energy to meet energy consumption demands.
It’s an economic necessity—and international governments are taking action. The government doubles the “eco-bonus” awarded to consumers who buy an electric vehicle (up to €40,000) before December 31, 2021. Renewable Energy: The PFTF removes the cap on solar power expansion while increasing offshore wind power investment targets.
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