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Source: MR1805/iStock. 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% The region was responsible for 50.4% market share.
As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. Wind power can be generated by turbines on land, as well as offshore wind farms over water.
Source: Rost9/Shutterstock. The United States wants to lead a clean energy revolution, and offshore wind is at the centre of the strategy. Biden's climate plan is the boldest of any US president in history, but he aims to reach this milestone by 2050 , fighting the climate crisis, creating jobs, and tackling inequality.
The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. And by 2028, 68 countries will boast renewables as their main source of power. In addition, solar PV is expected to be the dominant source of energy in the production of low-emissions or green hydrogen.
Eco-friendly governmental policies include promoting renewable energy sources, investing in low-emission transportation infrastructure, aligning tax structures with environmental goals, and more. Renewable Energy: The PFTF removes the cap on solar power expansion while increasing offshore wind power investment targets.
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