ITT stage for UK offshore wind leasing round 4 now open
The Crown Estate has opened the Invitation to Tender (ITT) Stage 1 for the Offshore Wind Leasing Round 4.
Due to the current COVID-19 situation, the Crown Estate has extended the submission period, to afford bidders additional time to respond.
This latest offshore wind leasing round kicked off in October last year with the Pre-Qualification Questionnaire (PQQ).
Round 4 will offer seabed rights for at least 7GW of new offshore wind projects in the waters around England and Wales.
The projects will come forward across at least three bidding areas, with a maximum of 3.5GW within any one area. The lease terms have been extended from 50 to 60 years, enough for two full project lifecycles.