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floating offshore wind

TwinHub CfD Terminated

The Low Carbon Contracts Company has terminated the CfD for Hexicon’s 32 MW TwinHub floating offshore wind project off Cornwall, after the developer secured the contract in Allocation Round 4 in 2022.

Hexicon Takes SEK 115m TwinHub Write-Down

Hexicon reports a net SEK 115 million impairment tied to the UK-based TwinHub project, including a SEK 127 million write-down partly offset by a SEK 12 million positive tax effect.

UK AR7 Lands 8.4GW Offshore Wind Record

UK CfD AR7 awarded 8.4GW of offshore wind—enough to power the equivalent of over 12 million homes—at an average £90.9 per megawatt hour for fixed-bottom projects.

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