Britain's pipeline of offshore wind projects now sits just under 100 gigawatts.
New data from trade body RenewableUK shows capacity at all stages of development now stands at 99.8GW, spread across 130 projects. This marks an increase of 14GW in the past 12 months alone.
Energy Voice says the total includes 13.7GW of fully-operational capacity and a further 13.6GW under construction or with support secured for a route to market.
Looking globally, the total pipeline extends to 1,174GW across more than 1,400 projects in 38 countries - more than 500GW of which was added in the past year.
Should all of his capacity be fully developed, it would be enough to meet 20% of worldwide electricity demand, RUK said.
While Beitain still holds the second-largest global pipeline behind China, accounting for 8.5% of the worldwide total, it has now fallen below 10% for the first time, largely due to the rapid growth of new markets like Australasia and South America.
Operating capacity
Operating capacity stands at 60GW, with China again in the lead with 47% (28.3GW), while the UK retains its position as the second largest with 23% (13.7GW).
Both these markets accounted for 90% of new offshore wind capacity in 2022, with China on 3.8GW and the UK with 3.2GW.
China and Britain are expected to retain first and second place until at least 2030, RUK added.
The trade body's chief executive, Dan McGrail, said: "The UK retains a powerful position in offshore wind, second only to China, but we're seeing incredible growth in new markets like Australia, the US and Brazil.
"Since the invasion of Ukraine, there has been a global step-change in offshore wind which is a challenge to our current position as a world leader."
But Mr McGrail warned there was now "fierce global competition" for investment in new wind farms, and in the manufacturing facilities and supply chains needed to develop them.
'Massive' financial incentives elsewhere
He went on: "The US and EU are offering massive financial incentives for renewable energy, while in the UK the Government has been raising taxes on clean energy."
The CEO said there was the need for bold action to attract the billions in private investment needed, otherwise Britain risked being left behind in the years ahead, with money and jobs going to more attractive global markets.