Work has started in the North Sea on what is expected to be the world’s largest offshore wind farm. SSE and Equinor hail first of 277 units that will support GE Haliade-X turbines at massive development off eastern England. The first of 277 turbine foundations are being installed at Dogger Bank, off the Yorkshire coast, […]

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Following the biggest ever UK renewables auction, the government said on Thursday the contract price for windfarms was nearly 6% lower than the previous auction, despite the rising cost of materials to build windfarms. A string of new contracts should add about 7 gigawatts of clean power capacity to Britain’s turbine fleet by 2026. The […]

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The Crown Estate has announced a net revenue profit of £312.7 million for the financial year 2021/22 Results summary: Net revenue profit: £312.7 million generated for the public purse, which is £43.4 million higher than last year. Total return performance: 12-month total return is 12%, outperforming annual bespoke benchmark of 9.9%. On a three-year rolling basis, it […]

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The Crown Estate has committed a further £25 million into its Offshore Wind Evidence and Change Programme, bringing the total investment intent up to £50 million.  There are 23 projects in the current portfolio representing £33milion of funding – £22million from The Crown Estate’s core investment fund, and £11million of co-funding or in-kind contributions. The […]

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