Home > Latest News > Business Funding & Support > £1 billion investment in UK offshore wind supply chain will create thousands of high-quality jobs

£1 billion investment in UK offshore wind supply chain will create thousands of high-quality jobs

Wendy

6/17/2025 2:12:02 PM

Commenting on today’s announcement by the Energy Secretary Ed Miliband at RenewableUK’s Global Offshore Wind conference in London that the Government and the UK’s publicly-owned clean power company Great British Energy are working with the wind industry and The Crown Estate to invest £1 billion in supply chain development, RenewableUK's Deputy Chief Executive Jane Cooper said: 

 

"A concerted focus from industry and Government on growing the offshore wind industry's supply chain in the UK could deliver an extra 10,000 jobs between now and 2035, boosting the UK's economy by £25 billion. Our sector is stepping up, working closely with the Energy Secretary and the Crown Estate to create new opportunities for manufacturing high-value goods like turbine towers, blades, foundations and cables, and providing high quality jobs building, operating and maintaining offshore wind farms.

“Our ambition is to transform quaysides around our coastline into clusters of global excellence in offshore wind, bringing new jobs and investment to communities which often badly need economic renewal”.

 

Industry Co-Chair of the Offshore Wind Industry Council Richard Sandford said:

“Growing our supply chain will help prevent bottlenecks that can increase costs and cause delays, benefitting developers, consumers, and our Clean Power Mission. Industry OWIC members are working to match the Government’s funding to support a homegrown supply chain and drive long-term sector growth. It’s vital that industry and Government keep working together to remove barriers, enabling greater capacity through clean power auctions, and securing more investment for the supply chain”.

More details on RenewableUK’s 2-day Global Offshore Wind 2025 conference and exhibition in London are available here.

Other Articles You Might Like

Wendy

7/24/2025 9:59:33 AM

Historic trade deal signed with India to deliver £170 million boost to Yorkshire and the Humber
New figures show trade deal with India will deliver £170 million for Yorkshire and the Humber’s economy as part of the P...

Wendy

12/17/2024 10:19:33 AM

Joinery giant is latest arrival as Allenbys adds to The Trade Yard sites
The first tenant has started trading at a new business site which has the potential to create up to 50 jobs, and the com...
Business News 4 min read

Wendy

3/7/2025 11:27:54 AM

Rovers return as Latus Group founders join board of Super League club they served as players
Two brothers who harnessed their passion for sport to build a business which is an emerging force in the UK occupational...
Business News 4 min read

Wendy

3/26/2025 4:13:25 PM

Chancellor’s Spring Statement announcement on green hydrogen will reduce electricity costs for billpayers and boost energy security
Commenting on today’s announcement by the Chancellor Rachel Reeves in her Spring Statement that the Government will remo...
Business News 4 min read