Hexicon's floating offshore wind farm gets green light in CfD auction

Wind Industry Profile of

Major stepping stone project TwinHub secures 15 year revenue support from UK Government for first floating offshore wind project in England and Wales.

Yesterday the UK Government confirmed that Hexicon AB’s TwinHub project in the Celtic Sea was successful in the latest Contracts for Difference (CfD) Allocation Round (AR4). It has been awarded a CfD for its 32MW floating wind project at a strike price of £87.30/MWh (2012 real prices) taking the project a significant step closer to completion. “Floating offshore wind is set to play an important role in the UK’s energy system, contributing to the Government’s priorities for energy security and generation of cheap, renewable... ... More: Official Press Release Hexicon

Keywords:

Hexicon, UK, wind farm, offshore, CfD, floating, energy system, renewable energy, TwinHub, wind turbine