A consortium of European and Asian developers has pledged to set up a £100m fund to invest directly into the Scottish supply chain if bids in the 10GW ScotWind development rights race are successful.
The consortium, which has submitted several bids in the leasing exercise, is targeting the fund at existing offshore wind supply chain companies in Scotland with the aim of establishing new facilities.
The full details are revealed into today’s special reNEWS show daily ahead of RenewableUK’s Global Offshore Wind 2021.
The issue also reports a series of other UK offshore wind exclusives, including a new contracts for a James Fisher firm on a French offshore wind farm and a cable deal for a UK north-east port.
Meanwhile, today’s show daily also carries the inside story of one of the key COP26-related messages that will be aired at the conference from leading offshore wind figures.
Looking ahead to today’s sessions, there’s coverage of what is needed to scale up floating offshore wind and the latest insight on ongoing efforts to improve relations with air defence radar operators.
Also in today’s edition is a feature on meshed offshore grids, an interview with RWE Renewables offshore wind boss Sven Utermohlen and an op-ed from RUK chief executive Dan McGrail.
A second edition reporting on all day 1’s news and views will be published Wednesday afternoon.