The latest Esgian Offshore Wind Market Update (Q3 2025) highlights an industry that is powering ahead but doing so with caution.
Global offshore wind capacity has now reached 41.1 GW, up 4% from the last quarter. Activity remains strong, with 195 turbines and 335 foundations installed across major markets such as the UK, Germany and Taiwan. Yet, despite the impressive progress, developer appetite for new projects has slowed, with some lease rounds in Germany, Finland and India seeing no bids at all.
At HSEQ-360 Limited, we see this as a moment for reflection, not retreat
As offshore wind grows more complex and competitive, it has never been more important to have robust health, safety, environmental and quality (HSEQ) frameworks in place. Whether during installation, maintenance or operations, the key to industry resilience lies in strong safety leadership and compliance assurance.
Key takeaways from Q3:
• Turbine and foundation installation reached new highs this year
• Siemens Gamesa secured multiple new turbine contracts, signalling renewed supply chain momentum
• Developers continue to reassess project timelines, with some shifting completion dates beyond 2030
- Vessel utilisation remains strong, and maintenance demand is expected to keep growing as more assets age
Strong economic confidence
While some projects have slowed, long-term confidence remains strong, with over 336 GW of confirmed global capacity. Governments and regulators are already outlining updated leasing processes to rekindle investment and improve price stability.
How we can help
At HSEQ-360 Limited, we support clients across the energy transition by embedding safety, compliance and operational integrity into every stage of project delivery. In a changing market, consistency in HSEQ performance is not just good practice, it is the foundation for sustainable growth.
Let’s build a safer, cleaner offshore future together.
You can read the full report below:
