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Ofgem Updates SIF Application Process, Eyes Renewable Acceleration

POWER

The UK’s Ofgem has accelerated the process for developers to receive funding under its Strategic Innovation Fund (SIF), aiming to increase the deployment of renewables and reach net zero 2030 goals, it said.

  • Projects can now reach the final phase of the funding process eight months sooner compared to the previous process, according to Ofgem.
  • Additionally, flexible start dates and durations will be introduced, with more application windows for each phase.

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