Largest-Ever Funding Options Opens for Renewables
Renewable generators in the UK can now apply for a CfD (Contracts for Difference) with 10 million for established technologies such as solar and onshore wind.
The total budget of 285 million has been allocated to this fourth round – more renewable capacity than the previous three rounds combined.
The UK’s Business and Energy Secretary Kwasi Kwarteng said that ”Our biggest ever renewables auction opening today will solidify the UK’s role as a world-leader in renewable electricity, while backing new, future-proof industries across the country to create new jobs,”
The allocation round will close to application on 14th January 2022 with results to be announced spring summer 22.
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