SSE Plc to triple its renewable energy generation by 2030

SSE Plc (LON: SSE), one of the largest energy firms of the UK, is planning to triple its renewable energy generation by 2030.

  • The company is making considerable progress on its £7.5 billion investment plan and has already awarded major contracts at Seagreen and Viking.
  • SSE has also informed that it is on the verge of a final investment decision on the 3.2GW Dogger Bank offshore wind farm.
  • For the six months ended 30 September, the company’s reported operating profit was up by 183 per cent to £985.1 million.
  • On 19 November 2020, the stocks of the company declined by 1.35% from its previous closing, hovering at around GBX 1,388.00 at 08:19 AM GMT+1.