UK allocates $180mn for solar energy in upcoming CfD auction
The UK government has assigned a GBP135mn ($180mn) budget for solar energy in its seventh CfD auction round, aiming to support up to 4 GW of installed capacity.
| Sector | Énergie Solaire, Photovoltaïque |
|---|---|
| Theme | Investissements & Transactions, Financement, Développement de projets |
The United Kingdom government has confirmed the budget for the seventh round of its Contracts for Difference (CfD) mechanism, allocating a dedicated GBP135mn ($180mn) to solar energy. This allocation is part of a total GBP295mn budget for onshore technologies, with a separate GBP160mn portion ring-fenced for onshore wind and remote island wind projects.
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