UK's Octopus Energy enters France's offshore wind market, aiming to invest $20 billion by 2030.

UK energy firm Octopus Energy and Skyborn Renewables have teamed up for France's ninth offshore wind tender, marking Octopus Energy's first entry into early-stage wind tenders globally. Octopus plans to invest $20 billion in offshore wind by 2030, expanding its $2 billion investment over two years. France aims for 18 GW of offshore wind by 2035 and 45 GW by 2050, with only 1 GW currently installed.

November 19, 2024
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