According to a new report from Bloomberg New Energy Finance, purchases of wind turbines will drop 14% this year and will not top the levels seen in 2011 until 2014.
In addition, Bloomberg predicts that global wind power assets will fall from $80.5 billion last year to $69.2 billion this year, thanks to declining policy support for wind energy in both the U.S. and Europe.
However, Bloomberg notes that offshore wind represents a growth area for the industry and predicts that this market will increase 44% to $8.5 billion this year.
The full Bloomberg report is available here.
