Scotland’s largest in-development offshore wind farm has been sold by its Irish owner to French energy giant EDF. The £1.8 billion Neart Na Gaoithe (NNG) array off Fife Ness is one of the largest ever to be brought forward in Scotland and physical construction of the array is due to begin imminently.
Neart na Gaoithe
The developer of the Neart na Gaoithe (NnG) offshore wind farm will sell its majority stake in the development off Fife.
Scotland’s energy minister has highlighted the planned Neart na Gaoithe (NNG) windfarm off the coast of Fife as an example of the country’s leading position on renewables development.
Former First Minister Alex Salmond believes policy should be put in place to ensure Scottish yards are given priority when bidding for renewables work in the country.
Wind and solar company Mainstream Renewable Power has begun the selection process to bring a majority equity partner on board the Neart na Gaoithe (NnG) wind farm.
The proposed Fife wind farm, Neart na Gaoithe, has formed a coalition group to combat increasing pressure from outside forces to halt the project.
The company behind plans for a £2 billion wind farm off the Fife coast has called on bird protection charity the RSPB to abandon any further potential legal proceedings which could scupper the project and put hundreds of potential jobs at risk.
A £2billion wind farm project is to go ahead after a court appeal by wildlife campaigners was rejected.
A potential £10billion of offshore renewables development off the Tay and Fife coast has been unlocked after a court ruling.
A controversial £2billion Scottish wind farm off the east coast of Scotland has been given another chance after overcoming a major development hurdle.
Scotland’s burgeoning offshore wind industry was dealt a blow yesterday after a judge in Edinburgh upheld a legal challenge against four developments.
The backers of a £2billion wind farm planned for the outer Forth Estuary have not been scared off by moves to scrap a subsidy agreement, the project’s developer said yesterday. The Low Carbon Contracts Company (LCCC), which manages for the contracts for difference (CfDs) for the UK Government, said in late March it would terminate the state subsidy for the Neart na Gaoithe (NNG) wind farm. But developer Mainstream Renewable Power said it was not taking the setback lying down and insisted funding was still in place for NNG, which was expected to result in £1.1billion of spending in Scotland and create 600 jobs.
A consortium has pledged £500million worth of backing for a £2billion wind farm planned for the outer Forth Estuary, bringing the construction phase a step closer, the company behind the project said yesterday. Mainstream Renewable Power is now in a stronger position to meet the March 26 deadline for achieving financial close, though a judicial review continues to cast doubt on the scheme. The Neart na Gaoithe (NNG) wind farm would bring huge economic gains to Scotland. More than £540million will be spent in Scotland during the construction phase, with 500 jobs created.