U.K.’s Davey Sees ‘Major’ Offshore Wind Investments Soon

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The U.K. will soon see “major investments” in offshore wind projects, Energy and Climate Change Secretary Ed Davey said, signaling the country’s push to expand low-carbon power isn’t derailing.

Interest from developers in signing contracts has exceeded expectations, Davey told lawmakers in parliament today. “There will be some good news to announce on offshore wind shortly.”