Quest Offshore Wind Turbine Index February 2020
Offshore Wind CapEx stands at $398 billion for February 2020
February’s QOWTI (Quest Offshore Wind Turbine Index), which tracks the total addressable market*, shows 254 Global Projects, representing 14,364 individual turbines valued at $398 billion.
Fixed Wind total projected CapEx is $328 billion on 190 projects, containing 12,011 turbines. These projects will add 104,226MW to future global nameplate capacity.
Floating Wind total projected CapEx stands at $69 billion to be spent on 64 projects, containing 2,253 turbines. These projects represent an increase of 19,511 in future global nameplate capacity.
*The Total Addressable Market represent the 250 global projects which are either under development, planned or possible tracked by the QFWE database
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