Recharge Insight had alreadypredicted in its “Ten Surprises for 2014”, published in January, that furtherconsolidation in the offshore sector would be necessary – and today it emergedthat the French and Spanish groups are set to announce their JV on Monday.

Insight believes that there are not currently sufficient unallocatedmegawatts in the offshore pipeline to make proceeding with manufacturinginvestments an economic decision for all existing incumbents.

Additionally