Britain Bets Big on Renewables with Record Solar and Onshore Wind Awards
Market Intelligence Analysis
AI-PoweredThe UK has awarded a record volume of solar and onshore wind capacity in its latest Contracts for Difference (CfD) auction, aiming to increase its clean electricity supply to 95%.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
The UK continues to bet big on renewables, aiming for a 95% clean electricity supply, and has awarded a record volume of solar and onshore wind capacity in its latest Contracts for Difference (CfD) auction. The UK awarded 4.9 gigawatts (GW) across 157 solar farm projects, the largest ever procurement of solar power capacity in the country, the government said on Tuesday. Onshore wind capacity of 1.3 GW across 28 projects also secured record awards in the latest CfD auction, after the UK removed in 2024…
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