In total, the wind industry invested 65 billion euros in Europe last year, according to the Financing and Investment Trends report.
The wind industry invested 26.7 billion euros in new European wind farms in 2018, according to a new report from industry body WindEurope.
It added that 1 megawatt of new onshore wind capacity now needed 1.4 million euros in capital expenditure, down from 2 million euros in 2015. In the offshore sector, 1 MW of capacity needs 2.5 million euros compared to 4.5 million euros in 2015. Breaking the figures down, investment in new onshore wind facilities hit 16.4 billion euros last year, while investments in new offshore projects reached 10.3 billion euros.
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