BEJING, China – In 2021, new offshore wind power capacity tripled globally, owing to China’s rapid expansion, which is reshaping the sector.
The report said that the world installed 21.1 GW of offshore wind generation last year, almost comparable to 21 nuclear reactors, citing the data from Global Wind Energy Council.
The expansion in 2021 alone will account for roughly 40% of the total 57.17 GW of offshore wind power installed, with China expanding the most. In 2021, the country installed 16.9 GW of offshore wind capacity, accounting for 80% of the total, more than quadrupling the volume in 2020.
On the other hand, Europe added 3.31 GW in 2021, a modest 13% increase eclipsed by Chinese investment. The Chinese renewable energy sector is gaining traction as the government strives to meet its declared target of generating at least 40% of its electricity from non-fossil fuels by 2030.
According to the International Energy Agency (IEA), China will boost its renewable electricity capacity by almost 800 GW (an increase of 85 percent) between 2021 and 2026, accounting for approximately 43% of total worldwide renewable energy capacity growth during that period.
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