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GlobalData Forecasts US Renewable Energy Growth Despite Offshore Wind Challenges

By Editorial Staff

TL;DR

Investors can gain advantage by focusing on solar and onshore wind companies like Vision Marine Technologies, as these sectors are projected to grow despite policy disruptions.

GlobalData projects US renewable capacity will reach 106 TW by 2035, with solar and onshore wind leading growth despite offshore wind facing political and regulatory pressures.

Renewable energy expansion promises a cleaner future by reducing fossil fuel dependence and enabling sustainable applications that improve environmental quality for generations to come.

Even with offshore wind challenges, solar and wind are reshaping America's power grid toward a greener future with innovative companies driving the transition.

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GlobalData Forecasts US Renewable Energy Growth Despite Offshore Wind Challenges

Renewable energy capacity in the United States remains on track for dramatic growth despite mounting political and regulatory pressure on offshore wind projects. According to new projections from GlobalData, solar and onshore wind will continue reshaping the power sector over the next decade, outweighing near-term disruptions tied to federal policy shifts.

The analysis suggests that while offshore wind development faces challenges, the broader renewable energy transition maintains strong momentum. This growth is not limited to utility-scale installations but is increasingly visible in end-use applications. Companies like Vision Marine Technologies Inc. (NASDAQ: VMAR) represent how renewable energy adoption is expanding beyond traditional power generation into transportation and other sectors.

For business and technology leaders, these projections carry significant implications. The continued expansion of solar and onshore wind indicates sustained investment opportunities, technological innovation requirements, and evolving market dynamics in the energy sector. Companies positioned along these value chains may experience accelerated growth, while traditional energy providers face increasing competitive pressure.

The renewable energy boom predicted by GlobalData suggests several industry-wide impacts. First, it reinforces the economic viability of solar and wind technologies even without consistent policy support. Second, it highlights the resilience of certain renewable sectors against political headwinds that have particularly affected offshore wind development. Third, it indicates that market forces and technological advancements are becoming primary drivers of the energy transition.

From a global perspective, sustained US renewable energy growth could influence international climate commitments and clean technology markets. As one of the world's largest economies and energy consumers, American renewable expansion affects global supply chains, technology standards, and investment patterns. The projections also suggest that despite regional policy variations, the fundamental economics of renewable energy continue to improve.

For more information about renewable energy market analysis, visit https://www.GreenEnergyStocks.com. Additional details about content policies and disclaimers are available at https://www.greennrgstocks.com/Disclaimer.

The renewable energy sector's trajectory has implications for corporate strategy, investment decisions, and technological development across multiple industries. As solar and wind capacity expands, businesses must consider how changing energy costs, availability, and regulations will affect operations and competitive positioning. The projections indicate that renewable energy is transitioning from alternative to mainstream, with corresponding impacts on infrastructure, workforce development, and innovation priorities.

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Editorial Staff

Editorial Staff

@editorial-staff

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