China's rapid offshore wind expansion is bringing formidable new challenges as well as opportunities, as its provinces gear up to take the lead from Beijing in supporting massive development.
A frenzied pace of offshore wind turbine installations is underway as the central government prepares to end national subsidies for such projects at the end of this year.
While China's massive renewables-led drive to become carbon neutral by 2060 is expected to continue, new research from energy consultancy Wood Mackenzie suggests offshore wind operators will face considerable operational challenges to ensure the profitability of their projects.
