Wind power investment hits record despite higher borrowing costs
Developers committed more capital to onshore and offshore wind this year than ever before.
By SKAAH Media Webdesk, Newsroom
· 2 min read
Global investment in wind power reached a record this year, defying higher interest rates that had been expected to slow new projects.
Analysts credited government auctions with guaranteed prices and falling turbine costs.
However, supply-chain bottlenecks for cables and installation vessels remain a risk to delivery timelines.
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