'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

UK government gives green light to Irish Sea's largest offshore wind farm to date

UK government gives green light to Irish Sea's largest offshore wind farm to date

Ed Miliband approves plans for 1.5GW Mona Offshore Wind Farm, which is set to provide clean power to more than one million homes

Stuart Stone
clock 04 July 2025 • 3 min read
'No-brainer': Government launches UK's first Onshore Wind Strategy

'No-brainer': Government launches UK's first Onshore Wind Strategy

Target to deliver 29GW of onshore wind capacity by 2030 aims to unlock £70m of community funding for rural towns and villages a year, government claims

Stuart Stone
clock 04 July 2025 • 6 min read
Study: Wider use of robots needed to support UK offshore wind rollout

Study: Wider use of robots needed to support UK offshore wind rollout

ORE Catapult claims robots can play a vital role as offshore wind roll out gathers pace, particularly for undertaking hazardous operations in deeper waters and remote locations

Stuart Stone
clock 01 July 2025 • 4 min read