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World installs 6.1GW of Offshore Wind in 2020, led by China

Offshore Wind capacity grew steadily in 2020, but governments will need to act decisively to improve policy in order to scale up installations at the pace required to help the world meet its carbon emissions targets and avoid the worst effects of global heating, according to the Global Wind Energy Council, which launches its flagship Global Offshore Wind Report 2021 today.

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GWEC: USD 6.7 billion in wind power investment in Vietnam at risk without COVID-19 relief

The COVID-19 situation in Vietnam has created many hardships. This extends to supply chain bottlenecks for wind project components, workers prevented from reaching project sites for crucial inspections and activities, travel restrictions for foreign personnel, and other issues. As of August 2021, an industry survey conducted by GWEC estimates that 4,000MW of mainly onshore wind projects in Vietnam are severely challenged by these extenuating circumstances, and are now at risk of missing the November deadline for the wind Feed-in Tariff (“FiT”).

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GWEC and Costa Rican energy agencies join forces to create a route for offshore wind development in Costa Rica

Today, the Global Wind Energy Council together with the Vice-ministry of Energy and Environmental Quality (MINAE) of Ministry of Environment and Energy and Costa Rican Electricity Institute (ICE) have kicked-off a joint initiative to build knowledge about the local benefits of offshore wind and explore pathways for its future development and growth in Costa Rica.

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