Government awards 95 renewable projects with £227m funding to achieve net zero targets

Article summary

The Department for Energy Security and Net Zero (DESNZ) has awarded a record number of 95 clean energy projects from the first annual Contracts for Difference (CfD) round, as part of its flagship renewables scheme. This comes as the DESNZ has announced the successful applicants for the fifth CfD allocation round. The projects will benefit from the government's budget funding of £227m, to boost the UK's economy, achieve net zero, protect families and businesses from volatile global gas prices, enhance energy security and are set to provide 3.7GW of clean homegrown energy, enough to power the equivalent of 2 million homes.