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The Economic Times

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Floating wind market 'much smaller' than expected, Technip chief says

Demand for floating wind turbines has fallen short of expectations, according to Technip Energies CEO Arnaud Pieton, who points to high costs and a narrow range of suitable sites as key barriers. These issues reflect broader headwinds across the global offshore wind industry, where several European nations have struggled to attract bidders for new wind farm projects.

26 Feb 2026 5:40 pm