China

China installed half of new global offshore wind capacity during 2020 in record year

According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new capacity, keeping growth on track despite the impacts of COVID-19 felt in other energy sectors. This growth was driven by a record year in China, which lead the world in new annual offshore wind capacity for the third year in a row, and installed over half of the new offshore wind capacity globally last year.

Market to Watch: China’s Offshore Wind Industry Post-2021

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore wind pioneers like Germany and the UK in terms of cumulative installations by as early as this year.