floating offshore wind

Octopus Energy’s generation arm has launched a £3 billion offshore wind fund following a £190 million investment from Japanese energy giant Tokyo Gas.

The government has raised the administrative strike price for offshore wind by 66% for the next Contracts for Difference (CfD) round.

RenewableUK has revealed that the global floating offshore wind pipeline has increased by 32% from 185GW in 2022 to 244GW this year.

According to a State of the Sector Report released today (27 June) the marine energy sector in Wales has received a “record-breaking” £103.4 million in investments and spending last year.

Renewable energy provider Renantis and renewables business Ventient Energy have joined forces intending to become “one of the largest renewable independent power producers (IPPs)" in Europe.

Speaking at RenewableUK’s Global Offshore Wind 2023 conference at ExCeL in London this week, the Scottish Government’s minister for energy and the environment, Gilliam Martin, discussed the economic and social opportunities offered by floating offshore wind.

A new partnership between EDF Renewables Ireland and Simply Blue Group will see the companies progress two floating wind projects totalling 2.65GW.

Equinor is interested in developing a gigawatt scale floating offshore wind farm in the Celtic Sea in a bid to increase its renewable energy generation portfolio.

Marine Energy Wales has been awarded a funding package from the Welsh government, securing its work until 2025.

​RenewableUK has launched a Floating Offshore Wind Task Force to support the UK’s ambition to be at the forefront of the rollout of the technology.