DONG Energy will invest £6 billion in offshore wind farms in the Humber region by 2019.
It stated the projects are expected to meet the electricity needs of more than 1.5 million homes.
An average of 1,600 jobs could be created in the region by 2020 and secure a potential gross value worth £1.2 billion by 2030, it claims.
The company also plans to build an offshore wind hub at a marine energy park in the area.
Brent Cheshire, DONG Energy’s UK Country Chairman said: “Our £6 billion of investment in the Humber by 2019 is creating long term high skilled jobs, supporting a thriving UK supply chain and helping the region continue as a hub for the UK’s renewable energy sector.
“The UK is our largest market for offshore wind and we are honoured to be part of the significant growth of the Humber. We see an exciting future in the region with great opportunities for local businesses and people.”
Engineering giant Siemens will build a wind turbine blade factory in the region.