Siemens is the latest major manufacturer to announce plans to set-up shop in the UK and produce turbines for the third round of offshore wind energy production.
The company will invest some £80M in an offshore wind production plant in the UK.
The Government estimates that some 70,000 jobs will be supported by offshore wind by 2020 and announced a £60M fund for developing manufacturing and assembly sites sites for the offshore wind industry in last week’s budget.
Business Secretary Lord Mandelson said: “Siemens are a world leader in wind technology and this is a fantastic endorsement of the UK as a destination for renewable energy businesses. Siemens plans will provide hundreds of manufacturing jobs and many more in the supply chain - confirming the UK as a world leader in offshore wind.”
Energy Secretary Ed Miliband said: “This is a vote of confidence from one of the foremost companies in the offshore wind sector, looking to set up a base in the UK. More proof that we’re exploiting the great natural resource that we have and creating the right conditions to attract investment. Siemens’ investment will help create jobs and help us meet our renewable energy targets.”