Bumper year for offshore wind sees construction projects delivering record investment

Madeleine Cuff
clock • 2 min read

Construction activity in the offshore wind sector hits record-breaking £4.1bn in 2016, up from £2.45bn in 2015

The UK's offshore wind sector has enjoyed a bumper year according to new data, with the total value of construction projects in 2016 hitting £4.1bn, up from just £2.45bn a year earlier. New figures...

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

Greenpeace issues legal threat to Crown Estate over alleged 'monopoly profiteering'

Greenpeace issues legal threat to Crown Estate over alleged 'monopoly profiteering'

Campaign group accuses landowner of charging 'hefty fees' for leasing the seabed to offshore wind developers in 2023 auction, leading to upward pressure on household energy bills

Michael Holder
clock 13 October 2025 • 4 min read
China's Ming Yang outlines plans for £1.5bn Scottish wind turbine factory

China's Ming Yang outlines plans for £1.5bn Scottish wind turbine factory

Turbine maker behind almost a third of world's new wind capacity in 2024 plans landmark UK facility that would create 1,500 new jobs

Stuart Stone
clock 13 October 2025 • 3 min read
'Marginal gains': Growth in British renewables has cut electricity prices by up to a quarter

'Marginal gains': Growth in British renewables has cut electricity prices by up to a quarter

New analysis suggests last year's wholesale electricity price could have been up to 33 per cent higher without contribution from wind power generation

Stuart Stone
clock 06 October 2025 • 4 min read