Businesses in the South West are among 13 who will get a share of nearly £5m, the initial round of The Crown Estate's £50m Supply Chain Accelerator fund.
The funding will help kick start projects aimed at accelerating and de-risking the early-stage development of supply chain projects that service the offshore wind sector in the region. The Crown Estate's match funding will contribute to a combined development investment of over £9 million which, if the opportunities successfully conclude development stages, could lead to over £400 million of capital investment.
Projects receiving funding include those enabling floating wind platforms, anchoring and mooring systems, operations and maintenance facilities, test facilities, and those supporting the skills transition. In early 2024, The Crown Estate published the Celtic Sea Blueprint which predicted that 5,300 jobs and a £1.4bn economic boost could be generated through deploying the first floating offshore wind capacity, resulting from the current Leasing Round 5 process, in the waters off South Wales and South-West England.
Denne historien er fra December 14, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 14, 2024-utgaven av The Herald.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
MUDRYK: I'M INNOCENT!
CHELSEA WINGER VOWS TO CLEAR NAME AFTER BANNED TEST
McMinn & Cook show their best qualities
JACK McMinn and Scott Cook produced one of the best games in Plymouth darting history in the Steve Chapman 501 League with no leg going beyond five visits to the board in a 3-2 win for the former.
Cooper and Randell show the benefit of a thriving Academy
NEED any convincing about the importance of Plymouth Argyle’s new permanent academy home, Foulston Park, which is scheduled to open next year?
Big win for England in South Africa
ENGLAND skittled South Africa for just 64 as they powered to an emphatic 287-run win in the one-off Test in Bloemfontein.
Stokes will never hold himself back
ENGLAND captain Ben Stokes promised there will be no “holding back” when he recovers from his latest injury problems, insisting he is ready to keep digging deep for his country.
A VERY BERRY CHRISTMAS...
YOU won't find a more wholesome or delicious show on telly this Christmas.
Does Santa need a reset starting with his diet?
DOUBLE TROUBLE FOR A FIRST TIME DAD OF TWINS
Demand for family fun leads to record revenues
HOLLYWOOD Bowl, the ten-pin bowling operator, has announced record revenue this year as Britons continue to enjoy competitive socialising venues.
Inflatable play business expands into Saltash
BOUNCY CASTLES, DINOSAUR ADVENTURES AND MUCH MORE TO KEEP KIDS HAPPY
Sibling eligibility payouts extended
THE first few victims of the infected blood scandal have received their final compensation pay outs, the Government has said as it extended eligibility criteria for siblings to get compensation.
