Sources
Investment in UK clean energy industries since July 2024
Between July 2024 and September 2026, over £110 billion of private investment has been announced into the UK’s clean energy industries for projects and plans over the coming years.
Project/ announcement
Private investment
Jobs
Link to source
Iberdrola doubling their investment in the UK, through Scottish Power, from £12 billion previously announced prior to July 2024 to £24 billion over 2024-2028.
£24 billion
1,400
CCUS investors (including Eni, BP and Equinor) reached a commercial agreement with the government that will unlock £8 billion of private investment to launch carbon capture clusters in the heartlands of the North West and North East of England.
£8 billion
4,800
Greenvolt confirmed that their offshore wind project will unlock £2.5 billion of investment.
£2.5 billion
Octopus Energy have committed to a £2 billion investment in renewable energy generation.
£2 billion
SeAH Wind has made an additional £225 million investment into wind technology manufacturing in Teesside, thanks to new backing from UK Export Finance.
£0.2 billion
750
Macquarie is supporting investment of £1.3 billion into new green infrastructure.
£1.3 billion
BW Group is proceeding with investment in new battery energy storage projects in Hampshire and Birmingham.
£0.5 billion
National Grid announced that Ofgem approved Eastern Green Link 2 - at £4.3 billion it will be the single, largest-ever investment in electricity transmission infrastructure in Great Britain.
£4.3 billion
Barclays UK Corporate Bank and Lloyds Banking Group, NatWest, and Rothesay between them unlock £1.65 billion to retrofit social housing backed by guarantees from National Wealth Fund.
£1.7 billion
Government affirmed the successful HAR1 projects in the 2024 Autumn Statement.
£0.4 billion
660
Statera Energy announced financial close on debt financing platform for Thurrock Flexible Generation
£0.4 billion
250
Copenhagen Infrastructure Partners announced Financial Investment Decision for Coalburn 2 and Devilla, battery energy storage system projects in Scotland representing investment of £800 million.
£0.8 billion
Renewable energy developer OnPath announced their ambitions to invest £1 billion in clean energy projects across the UK.
£1 billion
300
Quinbrook Infrastructure Partners announced the close of £239 million in financing for Cleve Hill Solar Park, the UK’s largest solar and battery storage project under construction.
£0.2 billion
2,500
Cerulean Wind announced that Aspen’s Floating Wind Delivery Consortium will deliver of thousands of jobs and £5.9 billion in UK investment
£5.9 billion
1,000
The UK has secured £7.5 billion Japanese investment in key growth sectors with Sumitomo Corporation.
£7.5 billion
EDF announced Final Investment Decision in Sizewell C, with Quebec based global investment group, La Caisse, announcing its commitment to invest up to £1.7 billion into Sizewell C, Centrica announced it has signed an agreement to acquire a 15% equity stake in Sizewell C with committed construction funding of £1.3 billion, and INPP and the Nuclear Liabilities Fund via Amber Infrastructure Group have committed an investment of around £650 million to Sizewell C.
£1.1 billion
£1.7 billion
£1.3 billion
£0.7 billion
17,000
MaresConnect Interconnector is expected to result in approximately €860 million of private capital investment in Ireland and Wales and will create long-term jobs in construction and operations.
£0.4 billion
Ofgem approved the £700 million 700MW LirIC interconnector from Kilroot in Northern Ireland to Hunterston in Ayrshire, Scotland.
£0.7 billion
Ofgem approved the £1.2 billion Tarchon Energy Interconnector between England and Germany.
£1.2 billion
Aware Super and Equitix have committed £300 million of investment in battery developer Eelpower Energy alongside the NWF’s investment.
£0.3 billion
150
NatPower will invest £1 billion in the fully privately financed Teesside GigaPark battery energy storage system in Redcar.
£1 billion
200
Elements Green has secured £140 million of debt to support delivery of the 360MW/720MWh Staythorpe Battery Energy Storage System.
£0.1 billion
Fidra Energy secured up to £245 million of equity investment from EIG and £594 million from a club of international lenders, supported by investment from the National Wealth Fund for the Thorpe Marsh Battery Energy Storage System.
£0.8 billion
Cero Generation and Enso Energy achieved financial close on a £200 million package for a portfolio of solar and battery energy storage system projects.
£0.2 billion
The Port of Tyne is investing £150 million in the Tyne Clean Energy Park, adding 400 metres of deep-water quayside to support offshore renewables.
£0.2 billion
12,000
AMPYR Solar Europe has announced a £200 million project finance facility for the Northwold Solar PV asset in Norfolk.
£0.2 billion
1.1 GW Inch Cape Offshore Wind Farm reached financial close raising more than £3.5 billion of funding.
£3.5 billion
SSE unveils £33 billion 5-year investment plan to unlock clean, secure, affordable energy and support economic growth
£33 billion
AR7 fixed and floating offshore wind auction unlocks £22 billion in private investment
£22 billion
7,000
AR7a onshore wind and solar auction unlocks £5 billion in private investment
£5 billion
10,000
HiTHIUM’s investment will bring £200 million and 300 high-quality jobs in energy storage
£0.2 billion
300
RWE is powering ahead with its largest UK storage project -Pembroke Battery Storage
£0.2 billion
British Solar Renewables (BSR) – hybrid solar + storage portfolio financing
£0.3 billion
UK and Japan unlock significant inward investments totalling up to £9 billion in offshore wind
£9 billion
Lloyds Banking Group to provide £500m lending to universities’ retrofitting programmes, enabled by NWF
£0.5 billion
4,000
EDF to spend £800 million refurbishing Sizewell B
£0.8 billion
900
InfraVia is set to invest £1bn in a pipeline of battery storage and flexible energy projects across the UK
£1 billion
Atri Energy Transition to develop large-scale battery storage and advanced manufacturing
£0.3 billion
100
Associated British Ports – commercial tranche from private sector banks alongside NWF investment
£0.1 billion
700
North and South Caledonia offshore windfarms
£1.7 billion
Additional calculation notes
The sum of individual announcements does not equal the headline private investment announced figure; this is because of adjustments made to exclude double counting of projects captured in other announcements, non-clean energy investments within certain announcements, and investment announcements made prior to July 2024. For example, we exclude £12.9bn of SSE’s 5-year capex plan and £20.6bn of the National Grid’s capex plan to account for investment that was announced prior to July 2024. Furthermore, estimates have been converted into billions and rounded to the nearest hundred million.
Note that actual investment and jobs realised may differ from business’s original announcements. We do not have information on how much of these investment announcements or how many jobs have been realised since July 2024. These figures relate to announced, planned investment, the majority of which has not yet reached final investment decision, meaning it is unclear when investment will be realised or recruitment for these roles will begin. The figures are not comprehensive, only large-scale project announcements with a publicly disclosed investment value are included in this list. Many announcements do not include jobs figures, so only those available have been recorded. For jobs figures, as there are many cases where announcements do not include an estimate of jobs, or estimates of jobs aren’t a specific value, we advise that these jobs figures should not be aggregated and only used as a sample of examples/case studies that could be drawn upon.
Other sources for figures on the ‘About Clean Energy’ webpage: About clean energy – Clean Energy Homepage
Renewable capacity: The Secretary of State for Energy Security and Net Zero consented combined offshore wind and solar capacity of more than 4 GW between July 2024 and the end of June 2025.
Homes powered: renewable capacity: The estimate of homes powered reflects the equivalent number of homes that could be powered from this consented capacity, based on a combination of published load factors (solar PV – 2023 Electricity Generation Costs Report) and developer estimates. Actual generation will vary somewhat based on site-specific factors.
The estimate uses household consumption estimates sourced from the published Subnational Electricity and Gas Consumption Report.
It is not possible to continuously power a home through intermittent renewables – this capacity will work alongside the rest of the electricity system to power homes and businesses.
Homes powered: Nuclear capacity; Estimate available from EDF (Sizewell C nuclear power station | EDF), using expected annual generation and average household consumption estimates.
Jobs (Sizewell C): A generic large scale nuclear power plant is estimated to support 10,000 jobs at peak construction. This is based on DESNZ Energy Innovation Needs Assessments, which use cost information to estimate the economic impact of different technologies in the UK’s energy system.
EDF have stated that 1,500 Sizewell C apprenticeships will be available over the course of the construction period (Powering Britain’s Future – Sizewell C.
Great British Energy: Great British Energy to cut bills for hospitals and schools – GOV.UK
This page is updated regularly – historic versions of the data are available on request.