Able UK has been given the go-ahead to build a £400M marine energy park in Humberside.
North Lincolnshire Council gave its backing to plans for the south bank of the Humber subject to finalised details over road improvements and flood defence work.
Alongside these proposals, it also backed plans to establish a Local Enterprise Partnership, together with an Enterprise Zone, covering both sides of the river.
Able UK said it was expecting to submit plans for the energy park by the end of July.
Able UK group development director Neil Etherington said: “Together with the rest of the area’s business community, we also fully support the concept of an Enterprise Zone able to maximise the opportunities on both sides of the river including, of course, our Able Humber Port facility which, with a river frontage of over 4km and covering almost 809.4ha, is the largest site available for port-related developments in the UK.”