Japan has enormous potential to become a global leader in floating wind if the government can develop a coherent strategic plan for the sector, delegates at the Japan Wind Energy 2022 conference heard in Tokyo on Thursday. But rapid action is needed to attract investment in an increasingly competitive global offshore wind market.
Vietnam is leading the pack in Southeast Asia for wind power installations with 3.98GW installed as of October, up from 103MW in 2020. The country now ranks among the global top ten markets for installed wind power capacity, even though its offshore sector has yet to lift off.
