Seabed landlord the Crown Estate will tell developers to set out how they plan to make early investments to “support an internationally competitive supply chain” as part of its milestone 4GW leasing plan for floating wind acreage in the Celtic Sea.
The Crown Estate – which updated the market on its Celtic Sea plans today (Monday) – will make the investment plans part of the process needed to progress to the final round of the tender due for mid-2023, which will ultimately be decided on bid price and award leases for four, gigawatt-scale projects off Wales and southwest England.