Floating Offshore Wind: Growth & Key Insights

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I am an engineering & management professional with 18+ years of experience across the value chain of global utility clients in Australia, the UK, Germany, India, and the USA.

I have firsthand experience in leading multi-year, multi-million transformation programs. My strengths include my ability to visualize the future, ideate & develop solutions for our clients.

I have good liaising skills and am considered a trusted advisor by C-Level for managing accounts, building business in new geographies, leading global teams, partner alliances, and creating teams out of a diverse set of people & skillsets.

Q2. What are the growth projections for floating offshore wind capacity over the next 5-10 years? And which geographic markets are expected to lead in adoption?

Although floating offshore wind power plants are CAPEX intensive, they are a trending technology globally because of their advantages. Many global reputed research firms have said that floating wind power plants will have a market size of around $45 bn by 2030 at a CAGR of 30-35%.

I believe it will depend on many growth drivers, such as technological…