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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.

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Key markets

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.

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