Siemens has announced it will create 700 jobs at a new UK factory making turbines for offshore wind farms, as a result of the Chancellor’s Budget 2010.
The UK arm of the German company said it will invest £80m in a factory on the coast of England, creating around 700 jobs, after the government last week provided £60m to develop port sites for offshore wind turbine manufacturers looking to locate to the UK.
Siemens has yet to decide where exactly the plant will be based, although it has narrowed its search to the North East and East coasts and is working with Regional Development Agencies to find the perfect site.
Siemens UK chief executive Andreas J. Goss said: “The UK government has created a stable framework to attract inward investment in renewables and offshore wind power in particular. The competition for land development, announced in the Budget last week, gives us confidence that the appropriate UK port infrastructure can be made available to support our production plans.”
Business Secretary Lord Mandelson welcomed the news and said the plans will confirm the UK as world leader in offshore wind.
Energy Secretary Ed Miliband said: “This is a vote of confidence from one of the foremost companies in the offshore wind sector, looking to set up a base in the UK. More proof that we’re exploiting the great natural resource that we have and creating the right conditions to attract investment. Siemens’ investment will help create jobs and help us meet our renewable energy targets.”
Last week, GE announced a €110 million investment for a new offshore wind manufacturing plant in the UK, which the company believe will create up to 1900 jobs.