Offshore wind sector buoyed by funding for floating wind farm

BusinessGreen staff
clock

Government unveils winners of latest £2.3m funding round designed to drive down cost of offshore wind energy

Principle Power's plans to commercialise its innovative floating offshore wind farm technology received a major boost yesterday, when it became one of three companies to take home a share of a £2.3m government...

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

IRENA: Round-the-clock renewable power frequently cheaper than fossil fuels

IRENA: Round-the-clock renewable power frequently cheaper than fossil fuels

Study from International Renewable Energy Agency concludes that 'long-standing argument that renewables lack reliability no longer holds'

Michael Holder
clock 06 May 2026 • 5 min read
Study: UK's offshore wind capacity to increase by around 20 per cent in 2026

Study: UK's offshore wind capacity to increase by around 20 per cent in 2026

Trade body calls for 'strategic commitment' to prioritise homegrown energy, after offshore wind industry weathered global headwinds and record project cancellations in 2025

Stuart Stone
clock 06 May 2026 • 6 min read
Gas generation falls as wind farms set new quarterly generation record

Gas generation falls as wind farms set new quarterly generation record

New data shows wind generation reached 29.2TWh during the first quarter, as gas power output fell 16 per cent year-on-year

James Murray
clock 20 April 2026 • 3 min read