USD 13.4 billion in investment

9 million tons of CO2 avoided in 2023, equivalent to taking 2.2 million cars off the road.

20.7 TWh produced per year equivalent to 5.98% of total generation in 2023 and the consumption of 12.5 million households.

The levelized cost of wind energy was reduced by 63% between 2009-2023.

3, 247 installed turbines or wind turbines

Almost 3o GW of new capacity of wind power were awarded globally through auctions in the second half of 2020.

Emerging technological solutions have been used, such as the hybridization and green hydrogen to open up new opportunities for the sector.

The development of the wind industry and technology is key for governments and fundamental for economic recovery in the face of COVID-19.

Energy offshore wind is being viewed as an important contributor to the post-COVID economic recovery by governments around the world.

GWEC Market Intelligence expects that continued growth will lead to the creation of 900,000 jobs in the industry over the next decade.

Floating offshore wind energy to reach full commercialization by 2030 with at least 6G W installed worldwide.

Other innovations, such as Power-to-X will also play a key role in opening up new market opportunities for offshore wind energy and the decarbonization of our energy systems.