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The World’s Largest Wind Farm, Hornsea 2, to Start Producing Power

The Hornsea 2 offshore wind farm in the United Kingdom’s North Sea, owned by the Danish energy company Ørsted, has generated its first electricity. Ørsted stated that the project’s offshore substation (OSS) and reactive compensation station (RCS) will be completed in late 2021, pending final approval from the Department of Energy.

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Key Changes in the Finance Act 2021

On 8 December, the National Assembly received the 2021 Finance Bill (the Bill) for consideration and eventual passage. As a build-on of the 2020 version, the Bill seeks to amend multiple laws such as the; the Capital Gains Act; Stamp Duties Act, Personal Income Tax Act; Companies Income Tax Act; Tertiary Education Trust Fund (Establishment Act) etc.

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