Swedish offshore wind power pioneer Hexicon has secured the first-ever UK Contract for Difference (CfD) for a floating project, with the award today of 15-year revenue support for its TwinHub array planned for construction off the south-west off England.

Won at a strike price of £87.30/MWh, the 32MW ‘stepping stone’ project, being built with US engineering contracting giant Bechtel, will be the first in the emerging offshore play in the Celtic Sea between England, Wales and Ireland, where some 4GW