Wednesday 5 September 2018

UK tech innovators to gain access to Chinese offshore wind market

UK tech innovators to gain access to Chinese offshore wind market

Technology innovators and researchers in the UK are set to gain access to the Chinese offshore wind market under a new partnership.

The UK’s Offshore Renewable Energy (ORE) Catapult is partnering with China’s Tus-Wind to establish a research facility in Shandong Province, which aims to drive innovative technologies and support the development of an offshore wind farm of at least 300MW of capacity, with a minimum 10% UK content.

The ORE Catapult says that represents a UK supply chain export opportunity of at least £90 million and provides a launch pad to access the Chinese wind market, estimated at £15 billion by 2030.

The Yantai local government authority is backing the project with a £2 million, three-year investment.

Dr Stephen Wyatt, ORE Catapult’s Research & Innovation Director said: “China is one of the world’s fastest growing markets for offshore wind technologies and this presents a huge opportunity for technology transfer and for UK companies to export their innovative products and services to one of our largest global trading partners.”

Written by

Bruna Pinhoni

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