Europe’s offshore wind buildout sinks while onshore soars: BNEF

Years of economic challenges for offshore sector and failed auctions begin to bite, but picture is far brighter for onshore market

A Cadeler jack-up vessel installing an offshore wind turbine.
A Cadeler jack-up vessel installing an offshore wind turbine.Photo: Cadeler
Published 3 July 2025, 08:20Updated 3 July 2025, 13:49
OffshoreBNEFEurope