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.”