Plans for £50m Tyneside wind facility halted

Plans to build a £50 million facility on Tyneside to make foundations for wind farms have been postponed. Engineering firm Offshore Group Newcastle (OGN) had estimated the project could create around 800 jobs when it received planning permission for the factory in 2012. Its subsidiary, Aquind Limited was granted £4.5 million from the Government’s Regional […]

Clipper in crisis takeover talks

A US wind power company which hopes to manufacturer the world’s biggest turbines at a new factory on Tyneside is in takeover talks with its largest shareholder. Clipper Windpower has suffered a dramatic drop in sales for the first six months of this year. The company, based in California and listed on the London Stock […]