Europe Is About to Go into Overdrive with Offshore Wind Power

The governments of Germany, Denmark and Belgium backed a pledge to install 60 GW of new offshore wind power next decade, more than fivefold existing capacity.

Energy ministers from the three countries joined chief executives from 25 companies including Dong Energy A/S, the world’s biggest offshore wind developer, to issue a statement pledging to work together to increase investment and reduce costs.

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