What Will COVID-19 Mean for US Offshore Wind?

Source: MarineLink Originally published on: 30/03/2020 What will COVID-19 mean for the offshore wind industry? An industry not yet spinning on its own.

Epitomized by the roller coaster ride that defined the stock market over the last few weeks, unpredictability has emerged as one of the few certainties of the coronavirus disease 2019 (COVID-19) crisis. Every industry has seen the effects of the pandemic, from hospitality, to travel, and even to the renewable energy sector. 

Indeed, even though the US offshore wind industry is not yet fully established, the repercussions of market contraction, stay at home orders, economic stimulus efforts and the precipitous decrease in deal-making activity could have meaningful impacts on the fledgling market. Full article here