The UK government is investing in its clean Energy by launching a £300 million investment through the publicly-owned Great British Energy to supercharge the country’s offshore wind industry
This plan hopes to improve domestic supply chains and secure thousands of skilled jobs, particularly in Britain’s industrial heartlands.
£300 million to support offshore wind
The investment is being fast-tracked ahead of the Comprehensive Spending Review and will target key manufacturing components such as floating offshore platforms and cabling. The move is central to the government’s broader ambition to strengthen the UK’s energy independence while driving economic growth.
This funding is expected to act as a catalyst, unlocking billions more in private investment and helping to de-risk vital clean energy projects. The funding is designed to attract international manufacturers and developers to invest in the UK, positioning the country as a global hub for offshore wind technology and production.
It follows a series of government measures designed to stimulate the clean energy sector, including planning reforms and grid connection improvements. It supports the long-term target of achieving clean power by 2030. Since July alone, £43 billion of private investment has been pledged toward clean energy projects, highlighting the growing confidence in the UK’s renewable energy landscape.
Targeting important components of offshore infrastructure
Communities across the country stand to benefit from this investment, particularly regions with a strong industrial heritage. By building domestic capacity in critical components of offshore wind infrastructure, the government aims to spread economic benefits, create good-quality jobs and revitalise local economies.
This announcement comes as global leaders gather in London for a two-day Future of Energy Security summit. Hosted by the UK government in partnership with the International Energy Agency, the event brings together ministers, business leaders, and energy experts worldwide to discuss strategies for accelerating the clean energy transition and protecting against future energy shocks.
Great British Energy, launched as part of the government’s Plan for Change, is important to the UK’s new industrial strategy. The company is tasked with ensuring Britain builds resilient energy infrastructure, enhances energy security, and keeps the economic benefits of clean Energy at home.
Driving economic growth and energy independence
In its initial phase, the £300 million fund will open to companies demonstrating a long-term commitment to UK supply chains. These grants are designed to support the rapid development of manufacturing facilities and ensure that British expertise, from welders to engineers, plays a pivotal role in delivering the country’s energy transition.
The investment is part of the wider £8.3 billion allocation for Great British Energy across this parliamentary term. Future funding rounds are expected, with more details on eligibility and criteria to be released later this year.
Industry groups have welcomed the announcement, seeing it as a crucial move to enhance the UK’s competitiveness in a fast-growing global market. With increased international competition for clean energy investment, this government backing is set to make the UK a more attractive destination for developers and manufacturers looking to expand their operations.
