WWF-UK Hails Latest Offshore Wind Investments

WWF-UK has commented on the news that the Green Investment Bank is to invest £461m in construction stage projects in the UK offshore wind sector.

Nick Molho, head of climate and energy policy at WWF-UK, said: “The Green Investment Bank’s decision to invest in two offshore wind projects and support the use of the latest turbine technology in one of them provides a much needed boost to the sector.

“Coupled with a decision by Siemens last week to develop an offshore wind factory in the UK, this is helping to create the conditions needed to cut the cost of offshore wind in the years to come and provide important benefits for our economy.”

Press release, March 31, 2014