Welsh Government to set up publicly-owned renewable energy developer

Michael Holder
clock • 2 min read
The Graig Fatha wind turbine in South Wales | Credit: Ripple Energy
Image:

The Graig Fatha wind turbine in South Wales | Credit: Ripple Energy

State-owned firm targeting 1GW of clean power capacity by 2030 with surplus revenues reinvested in rolling out home energy efficiency measures

The Welsh Government is planning to set up a publicly-owned renewable energy development company in a bid to boost energy security, ease the cost-of-living crisis, and help drive down emissions to combat...

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 Energy

A new energy is taking over: Five forces defining the next phase of the global energy transition

A new energy is taking over: Five forces defining the next phase of the global energy transition

The global energy transition is now underpinned by so much investment, corporate willpower, and future-oriented policymaking that it's looking to become irreversible, writes Climate Group's Sam Kimmins

Sam Kimmins, Climate Group
clock 13 February 2026 • 6 min read
Government hits back at Tony Blair Institute call to ditch clean power targets

Government hits back at Tony Blair Institute call to ditch clean power targets

Think tank calls for 'energy strategy reset' to permit more drilling in the North Sea and drop clean power by 2030 goal, sparking criticism from government and analysts

James Murray
clock 13 February 2026 • 7 min read
'A much needed surge in momentum': Green economy reacts to latest record clean power auction

'A much needed surge in momentum': Green economy reacts to latest record clean power auction

Green economy stakeholders give warm welcome to government's latest clean energy auction results and release of much-anticipated Local Power Plan

James Murray
clock 10 February 2026 • 9 min read