Jul 21, 2025
OVO Energy is set to revitalize UK wind farms by launching a new renewable energy division.
OVO Energy has launched OVO Renewables, a new division aimed at repowering existing onshore wind farms in the UK, marking its entry into the energy generation sector. The initiative requires an initial investment of hundreds of millions of pounds and could ultimately provide up to 500 MW of electricity, enough for around 400,000 households.
OVO Renewables plans to upgrade and repower older wind farms using modern technology, enhancing their lifespan and energy output. By focusing on existing sites rather than new developments, the company aims to accelerate the delivery of clean energy.
CEO David Buttress noted the opportunity to generate more clean energy without the delays associated with new constructions, as many of Britain's early onshore wind farms are aging.
The company will collaborate with NextLife Energy, a UK renewable energy investor and developer, to source, acquire, manage, and redevelop wind farms, subject to regulatory approvals.
This initiative aligns with the UK government's Clean Power Action Plan, which targets 30 GW of onshore wind capacity by 2030. OVO Energy, traditionally a retail energy provider, sees this venture as central to its transition to a sustainable, vertically integrated energy model.
As the UK energy sector seeks to decarbonize and meet climate goals, repowering projects are viewed as a quicker and more cost-effective way to boost renewable energy output than building new installations. Further details on the locations and timeline for the first repowering projects are anticipated later this year.
OVO Renewables plans to upgrade and repower older wind farms using modern technology, enhancing their lifespan and energy output. By focusing on existing sites rather than new developments, the company aims to accelerate the delivery of clean energy.
CEO David Buttress noted the opportunity to generate more clean energy without the delays associated with new constructions, as many of Britain's early onshore wind farms are aging.
The company will collaborate with NextLife Energy, a UK renewable energy investor and developer, to source, acquire, manage, and redevelop wind farms, subject to regulatory approvals.
This initiative aligns with the UK government's Clean Power Action Plan, which targets 30 GW of onshore wind capacity by 2030. OVO Energy, traditionally a retail energy provider, sees this venture as central to its transition to a sustainable, vertically integrated energy model.
As the UK energy sector seeks to decarbonize and meet climate goals, repowering projects are viewed as a quicker and more cost-effective way to boost renewable energy output than building new installations. Further details on the locations and timeline for the first repowering projects are anticipated later this year.