September 26, 2024 09:40 GMT
POWER: Octopus to Invest £2bn in Renewables by 2030
POWER
The UK’s Octopus Energy will invest £2 billion in UK clean energy projects by 2030, with the firm recently finalising the purchases of 222MW of British PV from BayWa, it said, cited by Reuters.
- The PV units will be operational in 2025-26.
- Additionally, Octopus will submit multiple applications for new wind turbines this year amid UK onshore wind reforms.
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