Investment in wind farm will safeguard Kent jobs
As the Thanet Offshore wind farm - which is located just off the Kent coast - is the world's biggest, the EU institution offered a sizeable cash investment to the farm in a bid to reach EU policy aims.
The European Investment Bank describes the farm as "an important step in enabling the UK to achieve renewable energy targets and generating 15 per cent of energy needs from renewable sources by 2020".
As well as an integral renewable energy source for the world, the farm powers many homes and business locations in Kent. The Press Association reports the 380-ft high turbines are "spread over an area of nearly 14 square miles and can generate enough electricity to power 200,000 homes".
As well as helping EU policy, the investment will go some way to helping the UK achieve its renewable energy targets as well as safeguard current jobs on the farm.
Keith Taylor, Green MEP for the South East, commented on the cash investment: "It is fantastic news: fantastic news because Thanet is going to be able to support in terms of jobs and investment; fantastic news for low carbon energy because we are going to be able to secure 200,000 plus homes with electricity."
