The industry is attracting banks, money managers, private equity funds amid improving technology and falling costs
Wed, Feb 08, 2017 - 5:50 AM
Offshore wind has become a significant force around Britain, Denmark, Germany and the Netherlands, and Investment in the industry nearly tripled in the five years to 2015.
WHEN engineers faced resistance from residents in Denmark over plans to build wind turbines on the Nordic country's flat farmland, they found a better locale: the sea. The offshore wind farm, the world's first, had just 11 turbines and could power about 3,000 homes.