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.
Wales-based renewable energy developer, Bute Energy has submitted a development application for a 92.4MW wind farm in Wales.
ScottishPower is set to repower Scotland’s first commercial wind farm to increase its generation capacity to over 79MW.
According to a report by the Department of Energy Security and Net Zero (DESNZ), offshore and onshore wind is set to be 61.4% cheaper than gas in 2025.
Octopus Energy and UK Power Networks will offer customers free electricity when energy supply exceeds demand.
Flotation Energy and Vårgrønn have submitted planning applications for an onshore substation to connect the 560MW Green Volt offshore wind farm.
Virgin Money has granted a £14 million financial package to support Ripple Energy’s 18.8MW consumer-owned wind farm in Ayrshire, Scotland.
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.
New figures released today (27 June) for Wind Energy Week by trade body RenewableUK Cymru show that Wales will need to double its current grid capacity to accommodate its wind planning pipeline.
