Today on New Security Beat | November 7, 2024

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November 7, 2024 Today on New Security Beat China's Offshore Wind Blows Away the Competition, For Now: Q&A with Trivium China's Cosimo Ries By Man-Hsuan Lin China's booming domestic offshore wind market represents two-thirds of the world's total capacity. Ambitious national renewable energy targets and initial state and provincial support kickstarted the sector. However, as Chinese companies run out of shallower coastal sites over the next decade, the industry will be challenged to cut costs and commercialize more expensive floating offshore wind farms.

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