The collection of offshore wind projects in the US's pipeline is reportedly worth a combined investment budget of roughly USD 70 billion, reports sector media renews.biz based on an analysis from the University of Delaware's independent project Special Initiative on Offshore Wind (SIOW).
Specifically, SIOW's outlook forecasts 18.6 GW in installed capacity with an aggregated price tag of USD 68.2 billion. This entails more than 1,700 wind turbines and towers worth a total of USD 29.6 billion, and USD 16.2 will go to turbine foundations.
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