From over 200 competitive applications only 6 companies had their projects accepted for funding.
Global Energy Group are delighted with this next step in our pursuit in championing clean renewable energy for Scotland and the rest of the UK.
The applications were assessed independently by external experts, with the highest scoring projects selected for grant funding. £364,000 was allocated to seven projects, with £156,000 leveraged in match funding contributions from successful companies, securing UK offshore wind supply chain projects worth £520,000 and due to begin on the 1st February 2020.
GEG will now go on to work in partnership with the Nuclear Advanced Manufacturing Research Centre to progress the use of Artificial Intelligence and Machine Learning (AIML) in offshore wind fabrication to enhance productivity and competitiveness.
Andrew Macdonald, OWGP Programme Director, said: “This was a very competitive process and we received a high number of quality applications, totalling almost £2million in project costs, demonstrating the huge opportunities to maximise the economic benefits of our world-leading position in offshore wind. The OWGP is committed to delivering increased productivity and competitiveness that will drive increased UK content into offshore windfarms in the rapidly growing global market, as well as in the UK.”
OWGP is funded by industry contribution and was established following agreement on the Offshore Wind Sector Deal between UK Government and Industry.