The Iberdrola subsidiary said development work on Argyll Array will cease with immediate effect after a review of studies carried out over the last year.

SPR said factors such as hard rock and challenging wave conditions, plus the environmental considerations of basking sharks in the area, guided its decision over the 500MW-1.8GW development area off Scotland's west coast.

Jonathan Cole, head of offshore wind at SPR, said: “We believe it is possible to develop the Argyll Array site, it has the some of the best wind conditions of any offshore zone in the UK.

“However,