Al Gore-backed Octopus Energy plans $20bn offshore wind spree - Recharge
Al Gore-backed Octopus Energy plans $20bn offshore wind spree | Recharge
The UK's Octopus Energy said it will lead a $20bn investment spree to spur 12GW of offshore wind projects around the world by 2030.
The investment will be made through Octopus Energy’s generation arm, which already manages some $7.7bn-worth
UK utility that's part-owned by former US vice president's GIM aims to spur 12GW of projects
The UK's Octopus Energy said it will lead a $20bn investment spree to spur 12GW of offshore wind projects around the world by 2030.
The investment will be made through Octopus Energy’s generation arm, which already manages some $7.7bn-worth
Related Knowledge Center: ENERGY BASICS: wind
Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent.