To achieve net zero, the IEA estimates that globally we need to add 390 GW of wind capacity every year, which is four times the amount added in 2020.

Like solar, onshore and offshore wind costs have fallen significantly over recent years offering levelized cost figures below that of coal and other thermal generation power plants. The price of turbines has fallen, and projects can deploy larger turbines with power ratings of 10-15 MW, which unlocks further CAPEX and OPEX savings.

Lisarb is at the cutting edge of wind technology with a joint venture exploring the use of floating offshore wind in the Celtic Sea, off the southern UK coast.

Floating offshore turbines enable wind farms to be located in deeper water, further offshore, where prevailing winds are typically stronger. Lisarb is leading a team of experts that can help deliver this pioneering technology and open up new opportunities worldwide.