'Clear signal of intent': Government pulls forward £300m in offshore wind supply chain funding

Stuart Stone
clock • 5 min read
Close-up of wind turbine blades in the factory - Credit: iStock
Image:

Close-up of wind turbine blades in the factory - Credit: iStock

Prime Minister confirms initial £300m of GB Energy investment ahead of summer Spending Review, as UK seeks to attract international offshore wind investors

Workers and businesses in the UK's industrial heartlands are set to benefit from an initial £300m in funding that will be invested by GB Energy in supply chains for the domestic offshore wind industry,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Why wind farms attract so much misinformation and conspiracy theory

Why wind farms attract so much misinformation and conspiracy theory

Marc Hudson at the University of Sussex explores why wind farms are the subject of such controversy, even when they continue to command support from the vast majority of the public

Marc Hudson, University of Sussex - The Conversation
clock 22 August 2025 • 4 min read
'A landmark moment': RWE debuts recyclable blades at Sofia offshore wind farm

'A landmark moment': RWE debuts recyclable blades at Sofia offshore wind farm

Deployment on 50 North Sea turbines hailed as first ever large-scale installation of recyclable blades in UK waters

James Murray
clock 21 August 2025 • 2 min read
'Growing disconnect': Renewables curtailment costs have fallen - but can the trend last?

'Growing disconnect': Renewables curtailment costs have fallen - but can the trend last?

A new report reveals renewables curtailment costs fell seven per cent during the first half of 2025 even as the amount of power curtailed rose 15 per cent - but costs still topped £150m and could quickly climb again without market reforms

James Murray
clock 11 August 2025 • 10 min read