RenewableUK welcomes Government funding to secure private investment in offshore wind

24 April 2025 - RenewableUK press release

Commenting on the Prime Minister’s announcement at an international energy conference in London of £300 million of funding to secure global offshore wind investment in the UK, RenewableUK’s Deputy Chief Executive Jane Cooper said:

“There’s a huge opportunity for the UK to secure thousands of new jobs and supply chain investment in the sector, which will make our home-grown energy supply even more secure.

“The Prime Minister’s funding will be critical to ensure the UK grasps the industrial opportunities in the offshore wind supply chain, at a time of intense global competition for clean energy investment. By nurturing existing UK companies, and ensuring we’re a competitive location for international investors, there’s an opportunity to triple our manufacturing capacity over the next decade, adding £25bn to the UK economy and creating an additional 10,000 jobs in the supply chain.

“This new Government funding is a clear signal of intent to secure those priorities and is vital to unlocking further co-investment from industry”.

Full details of the Prime Minister’s announcement and expected next steps can be found here.

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Notes

For further information, contact

Robert Norris, Head of Communications
07969 229 913 | Robert.Norris@RenewableUK.com

1. RenewableUK’s members are building our future energy system, powered by clean electricity. We bring them together to deliver that future faster; a future which is better for industry, billpayers, and the environment. We support over 500 member companies to ensure increasing amounts of renewable electricity are deployed across the UK and to access export markets all over the world. Our members are business leaders, technology innovators, and expert thinkers from right across industry.
   
   


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