Global offshore wind is gearing up for a comeback in 2025, with new capacity additions expected to hit 19 gigawatts (GW) and spending projected to soar to $80 billion, according to Oslo-based independent energy research firm Rystad Energy. That’s a big rebound after a sluggish end to 2024 when new installations dropped to around 8 GW – 2 GW lower than in 2023.

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