Europe now has a total installed offshore wind capacity of 15,780 MW. This corresponds to 4,149 grid-connected wind turbines across 11 countries. 2017 was a record year: twice as much as 2016 and 4% higher than the previous record in 2015.
2.5 GW of new capacity reached FID during 2017. Six projects worth €7.5bn reached FID. This is a 60% decrease from 2016 and the first decrease in investments since 2012.
Record year for European offshore wind: 3.1 GW of capacity installed in 2017, double the capacity installed in 2016
European offshore wind capacity has grown 25% to 15.8 GW. We now have 94 grid-connected wind farms and 4,149 turbines
Offshore wind turbines are getting bigger: the average size in 2017 was 5.9 MW, 23% up on 2016.
Offshore wind investments in Europe saw €7.5bn in Final Investment Decisions (FID) for a total capacity of 2.5GW in UK and Germany.
In 2017 lenders extended €6.2bn in non-recourse debt for the financing of new and operational offshore wind farms.