- Business Insurance
- Commercial Vehicle Insurance
- Landlord Insurance
- News & Resources
- Retrieve Your Quote
Offshore construction firm OGN has been awarded £640,250 by the Department of Energy and Climate Change for its move into offshore wind technology. This financial boost will see the creation of up to 1000 long term jobs in the North East.
The grant will fund the manufacturing of offshore technology by sister company Aquind at OGN’s Hadrian Yard site in Wallsend.
David Edwards, OGN chief executive, said: “We are delighted to have been selected for this grant. Government support is especially vital in the early stages of project development.
“The offshore wind energy market is crucial to Britain’s future energy needs and we will do our utmost to ensure that this grant takes the UK into an even stronger role as the lead player in this sector.”
Energy and Climate Change Minister Greg Barker also commented: “The coalition is determined to drive ambitious green growth and this is putting our money where our mouth is.”
The site at Hadrian Yard in Wallsend will be producing large amounts of the prototype steel jacketed foundation, Triton. It is hoped that through more efficient manufacturing methods they will help remove the major supply chain bottleneck in offshore technologies.