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Offshore Wind Market Report $19.8B Opportunity

Douglas-Westwood (DW) has released the fifth edition of the World Offshore Wind Market publication where we forecast offshore wind installations averaging 3.2 GW per year over the next 10 years. Capital expenditure is expected to hit a peak of €18B in 2016. The market will remain highly concentrated in the Northern European region, particularly in U.K. and German waters. The Chinese market will also grow quickly in the forecast period. Why Offshore Wind?