Germany’s BayWa last week announced its intention to initiate a... Read more →
Offshore wind posts historic low bids in CfD auction
DONG Energy’s 1.386GW Hornsea 2 development, EDPR’s 950MW Moray Firth and Innogy-Statkraft’s 860MW Triton Knoll have all won offshore wind Cfd contracts in the UK’s second auction for the incentives, with winning bids as much as 50% lower than rates seen in the inaugural competition in 2015.
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