Updated: Doosan shelves £170m Scottish offshore wind venture

Jessica Shankleman
clock

Company reveals it has delayed plans to enter the UK market, citing lack of investor confidence, but denies it was asked to repress the news

The UK's emerging offshore wind industry has been dealt a major blow after it emerged that Korean engineering giant Doosan Power Systems has shelved plans to enter the market, potentially putting an end...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

UK celebrates 25 years of offshore wind power

UK celebrates 25 years of offshore wind power

New analysis reveals how offshore wind farms now meet nearly a fifth of UK electricity demand

James Murray
clock 08 December 2025 • 4 min read
McDonalds orders 66MW Scottish wind energy deal

McDonalds orders 66MW Scottish wind energy deal

Fast food giant to purchase 100 per cent of the power from Douglas West Extension Wind Farm in Scotland from 2026

James Murray
clock 03 December 2025 • 2 min read
Scotland floating wind project secures £150m investment

Scotland floating wind project secures £150m investment

Great British Energy, the UK's National Wealth Fund and the Scottish National Investment Bank each commit up to £50m towards development of 100MW Pentland floating wind farm

clock 20 November 2025 • 3 min read