Offshore Wind Energy Market - Recent Developments in the Market's Competitive Landscape
The global market for offshore wind energy technology is prognosticated to shoot up, driven by the increasing focus on environment-friendly energy generation coupled with innumerable offshore wind energy power projects. Every wind turbine works in nearly the same manner. When the wind blows, the airfoil-shaped turbine blades start spinning. These blades are attached to a drive shaft which turns on an electric generator in order to produce electricity.
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