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Two companies to invest in offshore wind generation in North East England

Aug. 9 (Reuters) – Siemens Gamesa (SGREN.MC) and GRI Renewables Industries will invest more than 260 million pounds ($ 360.70 million) in offshore wind power generation facilities in the northeast of the England, the British government announced on Monday.

Siemens Gamesa will invest a total of £ 186 million to expand its blade manufacturing site near Hull – Britain’s largest offshore wind turbine manufacturing plant – preparing it for the next generation of offshore wind turbines and blades over 100 meters, the government said.

Siemens Gamesa will add 200 workers to the 1,000 it already employs at the plant, the company said in a separate statement.

GRI Renewable Industries will spend £ 78m to build an offshore wind tower plant at Able Marine Energy Park, also in Hull in the Humber region of north-east England, and create up to 260 jobs.

The two companies are receiving grants from the UK government under the £ 160million Offshore Wind Power Manufacturing Investment Support Program.

“With its proximity to some of the world’s largest offshore wind farms and a strong skills base, the Humber region is vitally important to the growth of the UK offshore wind industry and is at the heart of our green recovery” Business and Energy Secretary Kwasi said Kwarteng said in a statement.

In July, two other companies announced investments in offshore wind power in the region. Read more

Britain has more installed offshore wind capacity than any other country and powers over 7.5 million homes annually. By 2030, Britain aims to get about a third of its electricity from offshore wind.

($ 1 = 0.7208 pounds)

Reporting by Nora Buli in Oslo and Anita Kobylinska in Madrid; Editing by Louise Heavens

Our Standards: Thomson Reuters Trust Principles.


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