The offshore wind market is expected to see a significant growth during the next decades with the expected share of electricity generation rising from about 6% in 2019 to 40% in 2050 (source DNV ETO). This will be critical for a successful energy transition and to meet our ambitious targets from the Paris Agreement.
Looking at other
Magnora Offshore Wind is constantly exploring new markets for development of offshore wind. In line with our ambition, we focus on markets where we have a local presence, either through our existing activities or through strong partnerships.