Northumberland offshore wind cable factory secures £130m funding boost

Cecilia Keating
clock • 3 min read
Birdseye mock-up of the new facility, near Blyth in Northumberland | Credit: JDR
Image:

Birdseye mock-up of the new facility, near Blyth in Northumberland | Credit: JDR

Government argues funding will 'fire up boom in offshore wind manufacturing' while creating and safeguarding 440 jobs in North East England

Offshore wind cabling manufacturer JDR Cable Systems has snapped up £130m in public and private sector backing that will allow it to invest in a new "state of the art" factory in Northumberland, in a move...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Wind

'Agreement in principle': Government and Vestas announce plan to save 300 wind turbine factory jobs

'Agreement in principle': Government and Vestas announce plan to save 300 wind turbine factory jobs

But around 300 jobs could still be at risk at Isle of Wight turbine blade factory

James Murray
clock 11 December 2024 • 3 min read
'A top five wind developer globally': BP and JERA to form offshore wind joint venture

'A top five wind developer globally': BP and JERA to form offshore wind joint venture

New 50:50 joint venture to be backed by up to $5.8bn of investment through to 2030

James Murray
clock 09 December 2024 • 3 min read
ScottishPower selects Great Yarmouth as pre-assembly port for £4bn East Anglia Two wind farm

ScottishPower selects Great Yarmouth as pre-assembly port for £4bn East Anglia Two wind farm

Iberdrola-owned firm and Peel Ports Great Yarmouth ink reservation agreement that will see 64 offshore wind turbines assembled in Norfolk

Stuart Stone
clock 06 December 2024 • 3 min read