The flagship renewable power auction, known as Contracts for Difference, has published the results of its Auction Round 5 (AR5), revealing that just 3.7GW of projects have been awarded funding.
Spanish energy giant Iberdrola has secured a €500 million loan with Citi and guaranteed by the Norwegian Export Credit Agency Eksfin for the construction and development of the East Anglia III offshore wind farm.
Following a new study, WWF UK and ScottishPower, have called for a ‘significant step up’ in the UK Government’s plans to accelerate the development of energy efficient homes.