The Offshore Wind Growth Partnership (OWGP) has announced a new £2 million package to support the UK offshore wind supply chain.
It includes two new funding calls worth £600,000 aimed at bringing technology and companies from other sectors into offshore wind and giving firms already in the industry a chance to grow their market share.
A further £1.5 million has been allocated to the Sharing in Growth Programme to provide intensive business transformation support over the next year.
The latest announcement follows pilot funding calls worth £400,000 in January and hopes to aid the UK’s green recovery post Covid-19.
The OWGP, which was established last year as part of the Offshore Wind Sector Deal, has been allocated £100 million by the Offshore Wind Industry Council to help UK companies compete for global contracts over the next decade.
Chair of the initiative, Martin Whitmarsh said: “The offshore wind sector has shown remarkable resilience to the challenges of the Covid-19 pandemic. The UK has a fantastic opportunity to use this as a springboard to a green economic recovery.
“Many engineering sectors have been badly hit by the pandemic and support from OWGP can ensure that the best of UK engineering from all industries can develop UK IP in a sector that is set for strong global growth.”
OWIC Sponsor for the OWGP, Halfdan Brustad said: “The OWGP is a key part of the Offshore Wind Sector Deal, supporting the industry’s ambitions to increase UK content and competitiveness in the offshore wind supply chain.
“It’s fantastic to see the next round of funding from the OWGP being made available to support these growth ambitions. The Sharing in Growth programme and the new calls each offer excellent opportunities for suppliers to access support that can help them capitalise on the growth of the UK and global offshore wind markets.
“OWIC has huge expectations from the OWGP and looks forward to seeing the projects that come through these programmes and how they may be applied to UK offshore wind farms.”