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September 03,2024

Offshore Wind Developers Secures 5300MW in Latest Auction in UK

In Allocation Round 6, Offshore Wind Developers secured contracts for about 5,300MW, including Nine Fixed-Bottom Projects totaling 4.9GW and one floating scheme. Fixed projects had strike prices between £54.23 and £58.87/MWh, while the floating project was priced at £139.93/MWh. Solar and Onshore Wind also saw significant awards, marking a strong return for Offshore Wind in the UK.

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