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TwinHub Floating Offshore Wind Project

Sector: Wind • Location: United Kingdom

Source: 4C Offshore

Project
Cancelled

The TwinHub project is a 32 MW floating offshore wind demonstration project planned in the Celtic Sea off the coast of Cornwall, UK. It was developed by Hexicon and had secured a 15-year contract for difference (CfD) awarded in 2022. The project faced rising costs and financial viability issues leading to the termination of its CfD contract by the UK government in 2026.

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Project Information

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The project “TwinHub Floating Offshore Wind Project” is an infrastructure initiative in the Wind sector, located in United Kingdom. Taiyo aggregates data on it from 4C Offshore.

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Participants

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Status

Original status

cancelled

Taiyo status

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Email

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Description

Description

The TwinHub project is a 32 MW floating offshore wind demonstration project planned in the Celtic Sea off the coast of Cornwall, UK. It was developed by Hexicon and had secured a 15-year contract for difference (CfD) awarded in 2022. The project faced rising costs and financial viability issues leading to the termination of its CfD contract by the UK government in 2026.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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