Bloomberg Television · China Dominates Offshore Wind as Global Tensions Rise

1. 1. China leads global offshore wind, installing nearly three out of every four new turbines.
2. 2. Coal remains half of China's power, despite renewables, due to its cheaper production cost.
3. 3. The UK blocked Ming Yang's $2 billion Scottish wind facility, citing national security risks.
4. 4. China develops the world's largest floating double-headed offshore turbine for deeper waters.
5. 5. Chinese turbines are 45% cheaper than Western ones, securing dominance through pricing power.