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    Home > Headlines > Britain's OVO Energy to launch new renewables arm to modernise wind farms
    Headlines

    Britain's OVO Energy to launch new renewables arm to modernise wind farms

    Published by Global Banking & Finance Review®

    Posted on July 17, 2025

    1 min read

    Last updated: January 22, 2026

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    Tags:sustainabilityrenewable energyinnovation

    Quick Summary

    OVO Energy plans to modernise ageing wind farms with a new renewables arm, aiming to boost capacity and lifespan.

    OVO Energy Unveils New Renewable Division to Upgrade Wind Farms

    LONDON (Reuters) -British energy supplier OVO Energy said on Thursday it plans to launch a new renewable energy arm to help modernise existing ageing onshore wind farms to prolong their lifespan and boost output.

    OVO Renewables will have an initial investment of hundreds of millions of pounds and the first phase of modernisation could delver up to 500 megawatts of capacity, enough to power about 400,000 British homes, OVO said in a statement.

    Britain built some of the world's first onshore wind farms in the 1990s but many are ageing. New wind farms are often not accepted by local communities and also face planning consent delays.

    OVO Energy is one of the largest energy suppliers in Britain and supplies gas and electricity to about 4.5 million customers.

    (Reporting by Nina Chestney; Editing by Clarence Fernandez)

    Key Takeaways

    • •OVO Energy is launching a new renewable energy division.
    • •The initiative aims to modernise ageing onshore wind farms.
    • •Initial investment will be hundreds of millions of pounds.
    • •First phase could deliver up to 500 megawatts of capacity.
    • •The project addresses planning consent delays for new farms.

    Frequently Asked Questions about Britain's OVO Energy to launch new renewables arm to modernise wind farms

    1What is OVO Energy's new initiative?

    OVO Energy plans to launch a new renewable energy arm to modernise existing ageing onshore wind farms.

    2How much investment will OVO Renewables receive?

    OVO Renewables will have an initial investment of hundreds of millions of pounds.

    3What capacity increase is expected from the modernisation?

    The first phase of modernisation could deliver up to 500 megawatts of capacity, enough to power about 400,000 British homes.

    4Why are new wind farms often not accepted?

    New wind farms face challenges such as lack of acceptance from local communities and planning consent delays.

    5How many customers does OVO Energy supply?

    OVO Energy is one of the largest energy suppliers in Britain, supplying gas and electricity to about 4.5 million customers.

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