Energy Saving Trust channels
Top shortcut links
Main navigation starts here
You are here:
Plans to build the world's largest wind farm have received a boost with the announcement of a new investor.
Earlier this year the London Array wind farm project seemed to be facing difficulties but an investment by Abhu Dhabi's Masdar suggests that the development will continue.
Masdar, the government of Abu Dhabi's renewable energy investment vehicle, has bought a 20 per cent stake in the project.
Prime minster Gordon Brown welcomed the move, saying that the London Array put the UK at the forefront of offshore wind development.
He said: "I very much welcome Masdar's decision to invest in renewable energy in the UK. This is an excellent example of the partnership we need between oil producing and oil consuming countries to develop new energy sources and technologies, diversifying their economies and reducing our dependence on carbon."
The London Array will have the capacity to generate one gigawatt of electricity enough to power 750,000 homes from 271 turbines located in the outer Thames Estuary.
Sign up for regular email updates to help you save money and energy
For regular email updates please submit your email address below.
Call 0800 512 012 for free, independent and local energy saving advice
Click here to request a call back from your local advice centre.
Latest News