Octopus Energy Plans To Invest $20 Billion In Offshore Wind ...Middle East

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Octopus Energy Plans To Invest $20 Billion In Offshore Wind
source : OILPRICE ( Middle East ) () 35
Octopus Energy plans to lead investments worth $20 billion (£15 billion) into offshore wind power projects globally by 2030, the generation arm of the UK energy firm said on Monday. Octopus Energy said its plans “to unleash” $20 billion in investments into offshore wind would go towards the generation of 12 gigawatts (GW) of renewable electricity a year, enough to power 10 million homes. Octopus is targeting projects globally, with a focus on Europe – and already has several deals in the pipeline. The company plans to back…

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