The UK offshore wind industry has this week committed to working with the Government on a “transformative” sector deal that could spur £48 billion in new investments in the country’s infrastructure and increase offshore wind capacity to 30 gigawatts by 2030.
The UK offshore wind industry is increasingly being sourced by products from within local communities, according to a new report. The report, commissioned by the Department of Energy and Climate Change, The Crown Estate, and RenewableUK on behalf of the Offshore Wind Programme Board, analyzed data supplied from 10 UK offshore … [continued]
Canadian energy company Enbridge announced last week that it has invested in the 400 MW UK Rampion Offshore Wind Project. The 400 MW project is currently being developed by European developer E.ON Climate & Renewables UK Limited, which secured the contract alongside Vestas in May of this year. Enbridge announced that … [continued]
At the time of announcing its performance for the financial year, the UK Green Investment Bank also announced plans to raise £1 billion for a new fund to “acquire equity stakes in operational offshore wind projects in the UK.” The move is expected to boost the offshore wind sector’s rapid growth. … [continued]
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