The Prime Minister has announced £300 of funding through Great British Energy to invest in supply chains for domestic offshore wind.
The fund aims to boost domestic jobs, directly and indirectly mobilise additional private investment, and secure manufacturing facilities for clean energy supply chains. The ambition is that this private investment will help de-risk clean energy projects and support the revitalisation of the UK’s industrial heartlands.
This strategic investment is part of the government’s plan to build resilient supply chains and drive economic growth through clean energy.
Charlie Allen, FLOW Project Manager at Marine Energy Wales, said:
“This announcement is a clear signal that the UK Government is serious about scaling up the domestic offshore wind supply chain. This marks a major opportunity for investment from Great British Energy to drive economic growth here in Wales”