Wind energy is recovering from a 2022 slump
Aerial view of an offshore wind farm on July 2nd, 2022, in Zhoushan, Zhejiang Province of China. | Photo by Yao Feng / VCG via Getty Images
The wind energy industry is recovering from a worrying slump in 2022, according to a new report from BloombergNEF. Growth in global capacity — encompassing offshore and onshore wind — dropped 15 percent last year. The decline in new offshore wind installations was more stark, falling 46 percent from 2021.
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