UK floating wind pioneer takes knock as it is shunned by Chinese oil giant

Green Volt became the first commercial scale floating offshore wind project to win a UK Contract for Difference (CfD) last year, but faces challenges

Flotation Energy. is behind the Kincardine project in Scotland.
Flotation Energy. is behind the Kincardine project in Scotland.Photo: Flotation Energy
Published 1 September 2025, 12:09Updated 1 September 2025, 13:44
CNOOCVargronnFlotation EnergyScotlandINTOG