Chinese Manufacturers Could Rule the Offshore Wind Market Without Ever Leaving Home

By [email protected] China’s offshore wind manufacturers could become the world’s leading suppliers, even if they fail to break out of their own domestic market.

The potential size of China’s surging offshore wind market means that, despite having less advanced technology than their Western peers, Chinese original equipment manufacturers could lead the global offshore wind order rankings in years to come, said Luke Lewandowski, director at Wood Mackenzie Power & Renewables.

China is expected to install around 40 gigawatts of offshore wind capacity over the next 10 years, only 11 gigawatts less than the whole of Europe.

Still, the prospect of Chinese OEMs overtaking current market

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