RenewableUK trumpets economic and industrial opportunities for companies

The offshore wind sector is a growing economic and industrial opportunity for UK companies, which have so far won 115 contracts to provide services at 50 projects worldwide, according to RenewableUK.

In a document released today, RenewableUK said UK companies are winning multimillion-pound contracts from laying cables to installing turbines, as well as providing other essential services.

It noted that the higher end contracts in the analysis were valued at £30m, with some 250 offshore projects in development around the world offering further opportunities for companies.

RenewableUK chief executive Hugh McNeal said: “Our world-leading offshore wind industry is already delivering significant investment to the UK.

“We can continue to secure valuable contracts around the world for British companies by staying competitive – driving down costs and continuing to innovate.

“We’re determined to maximise the economic and industrial benefits of offshore wind for UK plc.”

The document has been released at the start of Offshore Wind Week, a series of industry events being held across the country to highlight the technology’s role to the UK’s economy and future energy mix, R-UK said.




Image Source: RenewablesUK