The United Kingdom celebrated the installation of its first 6 MW wind turbine over the weekend, having erected the first of 35 Siemens 6 MW turbines at the Westermost Rough offshore wind farm in the North Sea. The Westermost Rough offshore wind farm is a joint venture between DONG Energy … [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]
Scotland’s government has just announced the start of a new multi-million-pound fund that will target private renewable energy investments. Alex Salmond, Scotland’s First Minister, speaking at the Scottish Low Carbon Investment conference, said the Renewable Energy Investment Fund (REIF) will be another channel for investors who are looking to use … [continued]
