The offshore wind sector must take action to address a rising tide of mechanical breakdown issues, component failures, and serial defects ensuing from the deployment of ever-larger offshore wind, according to GCube Insurance (GCube), an underwriter for renewable energy projects.

GCube’s new report, entitled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” , is compiled from ten years of the company’s claims data and draws on evidence from experts across the offshore wind sector to demonstrate how offshore wind’s risk landscape has significantly shifted, as manufacturers push to develop bigger machines, faster.