UK opens $2.5m coffer to speed development of offshore wind supply chain

The £100m ($127m) industrial transition initiative set up by the UK government to accelerate expansion of the country’s offshore wind sector over the next ten years has launched a new package of funding and business support schemes to bolster the emerging supply chain.

The Offshore Wind Growth Partnership (OWGP), financed by the UK Offshore Wind Industry Council, an outgrowth of the 2016 ‘sector deal’ between industry and government, will hand out two £600,000 investments, along with “intensive business transformation support activities” through the OWGP £1.5m