Home Business News Offshore wind industry to receive £100m

Offshore wind industry to receive £100m

by LLB Reporter
24th Jun 19 10:14 am

The Offshore Wind Industry Council has launched a £100m programme to support UK firms who are wanting to capitalise on growth in the sector.

UK firms have been told of “huge opportunities” in the wind industry over a 10-year programme.

Benj Sykes, Industry chairman of the council said, “The offshore wind industry is offering multimillion-pound opportunities to hundreds of innovative companies throughout the UK in the years ahead, including new entrants to the market as well as firms already working in this area.

“The Offshore Wind Growth Partnership will provide practical help for UK companies so they can compete successfully for contracts in this thriving global market.

“The UK’s global pre-eminence in offshore wind means we are uniquely placed to sell our innovative products and services worldwide.”

Justin Bowden, national officer of the GMB union said, the potential benefits has “passed the UK workforce and economy by.”

He added, “Look no further than the yards lying idle in Fife as contracts go offshore to Spain, Indonesia and the Middle East.

“Securing decent jobs in the renewables industry and its supply chain, and fairness in how decarbonisation costs are met, is now paramount.”

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