Offshore wind defies COVID as renewables prove their resiliency

RENEW ECONOMY | Global investment in renewable energy capacity remained steady during the first half of 2020 and despite the massive impact caused by the global COVID-19 pandemic, with the offshore wind sector rising above its peers for its busiest 6-month period ever.

Specifically, according to a database of deals and projects collated by research company BloombergNEF (BNEF), offshore wind saw significant Final Investment Decisions over the first six months of 2020, resulting in the strongest 6-month period for the technology ever.

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