Offshore Wind Turbines: Market Insights

Offshore wind turbines are used in wind farms construction, off the shore, or on the continental shelf to harvest wind energy for electricity generation. Offshore wind power includes inshore water areas such as lakes fjords, and sheltered coastal areas, which use conventional fixed bottom wind turbine technologies, and the deep water regions use floating wind turbines. The increasing investment in the renewable energy sector is the primary factor propelling the offshore wind turbine market growth.

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