Germany awarded 1 GW of onshore wind tenders at an average cost 25% lower than in the first onshore wind auction a few months earlier. The German government has also announced that it will invest €5 billion over 10 years to support renewable energy projects and create jobs. Of the 281 bids totalling 1,927 MW, 67 were accepted. Final turbine installed in world's first floating windfarm The final turbine has been successfully installed at the Hywind pilot development, the world's first floating offshore windfarm. Located 15 miles from Peterhead in Scotland, the Statoil facility is now being connected to the grid, with the aim of beginning supply of energy in October. The scheme is expected to produce enough energy to power 20,000 homes.
Germany awarded 1 GW of onshore wind tenders at an average cost 25% lower than in the first onshore wind auction a few months earlier. The average price for the successful bids was 4.28 euro-cents per kWh, with the lowest accepted bid at 3.5 cents/kWh, down from an average 5.71 cents/kWh in May, said the country's Federal Network Agency, the Bundesnetzagentur. Of the 281 bids totalling 1,927 MW, 67 were accepted. Final turbine installed in world's first floating windfarm The final turbine has been successfully installed at the Hywind pilot development, the world's first floating offshore windfarm. Located 15 miles from Peterhead in Scotland, the Statoil facility is now being connected to the grid, with the aim of beginning supply of energy in October. The scheme is expected to produce enough energy to power 20,000 homes.