2024-11-05

http://w3.windfair.us/wind-energy/news/24140-europe-added-1-5gw-of-offshore-wind-in-2016-record-18-billion-invested

01/26/2017

Europe set new offshore records

Last year, the European countries invested more than €18 billion in the offshore wind market installing more than 1,558 MW.

Official Press Release WindEurope:

Europe added 1.5GW of offshore wind in 2016; record €18 billion invested

Wind Industry Profile of

Europe installed 1,558 MW of new offshore wind in 2016 with cumulative capacity reaching 12,631 MW.

The industry announced a record €18.2 billion of investments in new wind farms to be built in the coming years. This represents a further 4.9 GW of new capacity across five countries, half of it in the UK. Giles Dickson, Chief Executive Officer of WindEurope, said: “It's good to see the high level of investments in offshore wind - up 40% year on year. The new installations are in line with trend rate of the last 5 years after a spike in 2015. This was due to a backlog of grid connections." Last year's 1.5 GW new installations were in 3 countries - Germany (813MW), the Netherlands (691 MW) and the UK (56 MW) - spread across... ... More: Official Press Release WindEurope