BP’s new CEO Murray Auchincloss has paused new offshore wind projects, in a move to pacify investors unhappy with its green targets.
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Boost for offshore wind as UK government sets £1bn budget
The funding increase to the latest Contracts for Difference (CfD) auction was confirmed by chancellor Jeremy Hunt in the spring budget.
Google unveils largest ever offshore wind investment with PPAs for 700MW of clean power in Europe
Google has announced its signing of power purchase agreements (PPAs) for over 700 megawatts of clean energy, including its largest offshore wind projects to date in The Netherlands. Both Shell…
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Amazon adds 473MW offshore wind farm to its renewables portfolio
Amazon is adding 473MW of clean energy from an offshore wind farm in Scotland after singing a corporate power purchase agreement with French utility giant Engie
H&M invests in offshore wind in Bangladesh to supply 40% of the country’s power
H&M is investing in offshore wind in Bangladesh to supply 40% of the South Asian country’s power.
Amazon to buy 47 megawatts of offshore wind electricity
Amazon is set to buy 47 megawatts of electricity produced by offshore wind from Moray West.
Ørsted to build world’s largest offshore wind farm
Ørsted has taken a final investment decision on Hornsea 3, the world’s single largest offshore wind farm.
Crown Estate to increase offshore wind capacity to power 4m homes
The Crown Estate is increasing its offshore wind capacity to 4GW, enough to power 4 million homes.
Offshore wind can boost UK economy by £92bn before 2040
Growing the UK’s offshore wind supply chain represents a potential £92 billion boost for the economy by 2040.
