Dev Banc-Green Loans - LEADERBOARD
NZIW Podcast Thumb

Dev-Bank-sidebar-advert-425px-x-255px_Tourism

Floventis Ad3
15 October 2024
Renewable Energy

Now is the Right Time to Set an Industrial Strategy for Offshore Wind

Commenting on the publication of the Government’s consultation “Invest 2035: the UK’s modern industrial strategy”, on the day of the International Investment Summit in London, RenewableUK's Head of Supply Chain Ajai Ahluwalia said:

“With the UK taking a leading role in developing offshore wind, including new floating wind projects, now is the right time to set an industrial strategy for the sector to maximise the industrial benefits and employment opportunities which can be created by attracting billions of pounds in private investment to this country.

“The Government couldn’t find a more willing partner than the offshore wind sector. We set out an Industrial Growth Plan for offshore wind earlier this year, identifying specific areas within the supply chain in which the UK can secure new investment and be globally competitive, such as cables, blades and floating platforms. A focus on these areas could unlock £25 billion in economic activity by 2035, predominantly in our coastal communities which have struggled to secure investment in recent decades”.

Related Articles


Renewable Energy
28 April 2025

Green Economy Wales Podcast Offers Exclusive Preview of Marine Energy Wales 2025 Conference
Renewable Energy
24 April 2025

Hydro Industries Appoints Steve Wilcox as Director of Sales
Renewable Energy
24 April 2025

‘Transformative’ Project Powers Electric Vehicles Direct From Wind Turbine
Renewable Energy
22 April 2025

Marine Energy Wales 2025 Brings Sector Together in Cardiff
Renewable Energy
17 April 2025

Great British Energy Chair Visits Morlais Tidal Energy Site