Offshore Decommissioning Market is Set to Develop New Growth Story | Aker Solutions, DeepOcean Group, Tetra Technologies sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
A NEW port on Teesside to build the next generation of offshore wind projects will be constructed as part of a £20 million investment to boost the UK’s world-leading industry and create 3,000 new jobs in the North, the government announced today (Wednesday). Teesworks Offshore Manufacturing Centre, on the River Tees, will receive up to £20 million and will begin construction later this year to update the port with new infrastructure – helping to revitalise the historic industrial heartland. The port will have the capacity to house up to three manufacturers to support the development of the next-generation of offshore wind projects, substantially boosting the UK’s offshore wind manufacturing base.
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image copyrightAble UK
image captionWork is due to start on the £500m project, shown here in an artist s impression, in April
Construction of a £500m wind turbine manufacturing facility is set to go ahead - 12 years after it was first proposed.
Developer Able UK has been awarded £75m of government funding for its marine energy park on the Humber s south bank.
It said the site, at Killingholme, North Lincolnshire, would create up to 3,000 jobs by 2030 as well as a new quay and deep water port facilities.
Able s Neil Etherington said the cash was the leg-up the project needed.
Budget brings renewable energy funding in North Lincolnshire
Large investment in offshore wind
The proposed Able Marine Energy Park in North Lincolnshire was given a boost by Rishi Sunak s budget announcement on Wednesday. | Photo: Able UK
A £75 million funding boost from the government’s budget will target renewable energy in North Lincolnshire, starting with a deep water quay project in Killingholme.
The funding from Chancellor Rishi Sunak’s budget will go towards the Able Marine Energy Park (AMEP) project, a port facility for offshore wind.
AMEP represents a total £450 million investment from Able UK, a market leader in the field of renewable energy, and will cover an area of 783 acres on the Killingholme coast.
AMEP set for take-off after government backing renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.