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| Offshore wind installations stabilise in 2014 ![]() He added: "The technology and financing are there but we need policymakers to come forward with stable long-term plans to push the growth of this industry and to avoid stop-go and inconsistent policy frameworks for offshore wind." In 2014, the UK accounted for over half of all new installations (54.8%) with Germany in second (35.7%) and Belgium (9.5%) making up the rest. But for 2015, Germany is expected to install more offshore capacity than the UK, which has dominated installations in Europe for the past three years. Wilkes said: "Germany is set to buck the trend this year. The UK has more installed offshore capacity than the rest of the world combined but this year shows that other countries in the EU are making serious investments in the sector. The nine financial deals closed in 2014, of which 4 were "billion-Euro" projects, suggest that activity will pick up substantially as of 2017 as these projects begin to hit the water." The largest wind farms to be fully completed will be RWE's Gwynt y Mor (576MW) in North Wales followed by Global Tech 1 (400MW) in the German North Sea. write your comments about the article :: © 2015 Construction News :: home page |