Multi-billion pound wind farm investments to power a green recovery

Date: May 13, 2020

Multi-billion pound wind farm investments to power a green recovery

The largest green energy companies in Britain are preparing to deliver multi-billion pound wind farm investments. The sites across Scotland and the North-East of England will help towards a greener economic recovery.

The investments are being used to fund projects such as:

• Repowering Scotland’s oldest wind farm in a £150 million scheme to develop a ‘clean cluster’ in central Scotland. This scheme is will power up to 100,000 homes and provide 600 jobs initially and 280 long term jobs
• Using the Port of Tyne as the operational base for the world’s largest offshore wind development. This development will create 200 long term jobs and it will also support the local supply chain industry for clean energy

Furthermore, Scotland’s first commercial wind farm, Hagshaw Hill, will be developed with another two local projects creating a clean energy cluster in South Lanarkshire. This cluster is part of a plan to develop 1000MW of onshore wind power and battery storage. It is also thought that this development could play a role in restarting the economy.

In addition to this, secretary of state for business Alok Sharma, commented on projects such as Dogger Bank offshore wind farm adding they will be “a key part of ensuring a green and resilient economic recovery as well as reaching our target of net zero emissions by 2050. Renewable energy is one of the UK’s great success stories, providing over a third of our electricity and thousands of jobs”.

If you would like to read more on this, follow this link to the Guardian.