India, Oct. 30 -- Offshore wind capacity projected to triple globally by 2030, says Ember-GOWA report

Despite cost pressures and project cancellations, governments are sticking to ambitious targets

Europe, China and India driving the next wave of offshore wind expansion

China alone could account for more than half of global capacity by 2030

US faces hurdles, but state-level initiatives sustain momentum

COP30 seen as key moment for translating targets into implementation

Offshore wind capacity is set to triple worldwide by 2030 despite policy reversals and cost pressures in key markets such as the United States, according to a new report by energy think tank Ember and the Global Offshore Wind Alliance (GOWA).

The analysis was releas...