The projects awarded contracts for difference subsidy deals exceed the 92 projects delivered in the last auction round.
The latest funding round reboots offshore wind farm projects, sees a record number of solar projects and advances the world’s largest commercial-scale floating offshore wind farm known as Green Volt.
This makes it the biggest round ever with significant numbers for onshore wind, solar and tidal energy, which will power the equivalent of 11 million British homes.
Offshore wind is back for business in UK waters with 9 contracts awarded including securing both what will be Europe’s largest and second largest windfarm projects, Hornsea 3 and Hornsea 4 off the Yorkshire coast.
Funding awarded today will also support new green jobs across the country, unlocking green economic growth from the Scottish Highlands to the Suffolk coast.
Contracts for Difference Allocation Round 6
the largest offshore windfarm project in Europe – the Hornsea 3 project off the Yorkshire coast
the largest floating offshore wind project in the world to reach market, Green Volt, which is double the size of Europe’s total installed floating offshore wind capacity
6 new tidal projects
a combined 115 solar and onshore wind projects
Energy Minister Michael Shanks said: “Securing new wind turbines, solar panels and cutting-edge technologies such as tidal will boost growth, catalyse investment and support good jobs across Great Britain.
“We’ve done this while ensuring value for money for billpayers, delivering the biggest auction round to date at competitive prices, helping turbocharge our mission for energy independence and clean power by 2030.”
Funding is awarded through the government’s Contracts for Difference scheme which provides developers with subsidies for clean electricity projects across Britain with a built-in design to keep costs low for billpayers.
Click here for full list of projects.
