Sponsoring Agency: Department for Business, Energy and Industrial Strategy (BEIS)
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 05/30/2021
Size of the Fund: Not Available
The Department for Business, Energy and Industrial Strategy (BEIS) is launching an Offshore Wind Investment Programme to support the delivery of manufacturing investment in the offshore wind supply chain.
It may provide grant funding for major investments in the manufacture of strategically important offshore wind components – including (but not limited to) blades, towers, export and array cables and monopile foundations in certain disadvantaged or deprived regions in the UK.
This Investment Programme supports the BEIS objective to deliver an economy that works for everyone – with great places in every part of the UK for people to work and for businesses to invest, innovate and grow, through levelling up economic opportunities in regionally deprived areas by investing in infrastructure, innovation and people. This will be done by accommodating the next generation of offshore wind manufacturing, construction and installation capacity, which will help in strengthening the UK’s economic recovery from COVID19, building back better and greener by prioritising jobs and skills (by providing construction jobs & long-term manufacturing and supply chain jobs).
This Investment Programme also supports the BEIS objective to support clean growth, particularly around promoting global action to tackle climate change through renewable power generation, ensuring the UK can meet its 2050 Net Zero goal.
Scope of this investment programme
OWIC assessed the areas where there is scope to grow the UK’s capacity to supply the full range of design, production and finishing activities. This assessment identified immediate offshore wind supply chain opportunities in the manufacture of:
• Monopile foundations
• Export and array cables
As such, these components will be prioritised for the provision of grant funding under the Investment Programme. However, BEIS will also consider projects involving the manufacture of other offshore wind components. Where an application is made relating to an “other component”, Applicants should make a case as to why that project is strategically important to the UK, with reference to the objectives of this Investment Programme.
UK registered businesses can apply for grant funding for major investments in the manufacture of offshore wind components, including:
• export and array cables
• monopile foundations
• other strategically important components
The investment must be used in a disadvantaged or deprived region of the UK.
More information at: https://www.gov.uk/government/publications/offshore-wind-manufacturing-investment-support-scheme-investment-programme