Project Execution Delays and Cost Overruns: Large-scale offshore wind projects are inherently complex and face risks of delays, unexpected technical challenges, and budget overruns during construction and commissioning.

Regulatory and Permitting Hurdles: Obtaining and maintaining necessary governmental permits and navigating evolving environmental regulations across multiple jurisdictions can cause project delays and increased compliance costs.

Intensifying Market Competition: The global renewable energy market, particularly offshore wind, is becoming increasingly competitive, potentially leading to downward pressure on power prices and lower returns on new projects.