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

For more information on the Offshore Wind market, please contact us at or +1 832 862 3390.

QOWTI Annual Subscription $995 – single-user

Gain access to the world’s most definitive reference index for the global offshore wind market.  Subscribers will be emailed a monthly Excel file along with 24/7 access via our website.  Please call +1 (832) 862-3390 for multi-user or enterprise-wide licensing options.  For further detail on our subscription products, please see our Commercial Offering Brochure here.