OFFSHORE RENEWABLES

UK boost for offshore wind investment

UK Business and Energy Minister, Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry.

In 2020/21, under a strong growth scenario, the offshore wind industry could deliver up to £7bn Gross Value Added and support more than 30,000 full time equivalent UK jobs

UK Business and Energy Minister, Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry.

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