Offshore Wind Auction to Attract £3.4Bn of Private Investment, Government Says

Offshore Wind Auction to Attract £3.4Bn of Private Investment, Government Says
The Government said the offshore wind projects will generate enough electricity to power 12 million homes PA
|Updated:
0:00

The Government said its flagship renewable energy auction will attract £3.4 billion of private investment to build factories, ports and domestic supply chains across the UK.

The latest round of contracts, announced on Wednesday, secured a record 8.4GW of offshore wind power – the amount experts have said was needed this year to keep the Government on track to meet its “clean power” by 2030 pledge.