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    3. >Two companies to invest into offshore wind production in northeast England
    Investing

    Two Companies to Invest Into Offshore Wind Production in Northeast England

    Published by maria gbaf

    Posted on August 11, 2021

    2 min read

    Last updated: February 17, 2026

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    Image showcasing offshore wind turbines in northeast England, highlighting Siemens Gamesa and GRI Renewables' significant investments in wind manufacturing facilities. This reflects the growth of Britain's offshore wind industry.
    Offshore wind turbines in northeast England related to investments by Siemens Gamesa and GRI Renewables - Global Banking & Finance Review
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    Tags:sustainabilityrenewable energyinvestmentjob creationUK economy

    Siemens Gamesa and GRI Renewables to Boost Offshore Wind Investment in England

    (Reuters) – Siemens Gamesa and GRI Renewables Industries will invest more than 260 million pounds ($360.70 million) into offshore wind manufacturing facilities in northeast England, the British government said on Monday.

    Siemens Gamesa will invest a total of 186 million pounds to expand its blade manufacturing site located near Hull – Britain’s largest offshore wind manufacturing facility – readying it for the next generation of offshore wind turbines and blades greater than 100 metres, the government said.

    Siemens Gamesa will add 200 workers to the 1,000 it already employs in the factory, the company said in a separate statement.

    GRI Renewable Industries will spend 78 million pounds to build an offshore wind turbine tower factory at Able Marine Energy Park, also in Hull in the Humber region of northeast England and creating up to 260 jobs.

    Both companies are receiving grant funding from the British government’s 160 million pound offshore wind manufacturing investment support scheme.

    “With its close proximity to some of the world’s largest offshore wind farms and strong skills base, the Humber region is vitally important for the growth of the British offshore wind industry and is at the heart of our green recovery,” Business and Energy Secretary Kwasi Kwarteng said in a statement.

    In July, two further firms announced investments into offshore wind in the region.

    Britain has more offshore wind capacity installed than any other country and it powers over 7.5 million homes a year. By 2030, Britain aims to get about a third of its electricity from offshore wind.

    ($1 = 0.7208 pounds)

    (Reporting by Nora Buli in Oslo and Anita Kobylinska in Madrid; Editing by Louise Heavens)

    Frequently Asked Questions about Two companies to invest into offshore wind production in northeast England

    1How much are Siemens Gamesa and GRI Renewables investing?

    Siemens Gamesa and GRI Renewables Industries will invest more than 260 million pounds ($360.70 million) into offshore wind manufacturing facilities in northeast England.

    2What is Siemens Gamesa's plan for its manufacturing site?

    Siemens Gamesa will invest a total of 186 million pounds to expand its blade manufacturing site near Hull, adding 200 workers to its existing workforce of 1,000.

    3What is GRI Renewable Industries planning to build?

    GRI Renewable Industries will spend 78 million pounds to build an offshore wind turbine tower factory at Able Marine Energy Park in Hull.

    4What support are the companies receiving from the government?

    Both companies are receiving grant funding from the British government’s 160 million pound offshore wind manufacturing investment support scheme.

    5What is Britain's goal for offshore wind energy by 2030?

    By 2030, Britain aims to get about a third of its electricity from offshore wind, having already installed more offshore wind capacity than any other country.

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