The Offshore Wind Growth Partnership (OWGP) has launched a new $2.45 million Development Grant competition and announced a combined $3.7 million in funding awarded…
The Offshore Wind Growth Partnership (OWGP) has launched a new $2.45 million Development Grant competition and announced a combined $3.7 million in funding awarded to 12 companies from their 2024 funding calls.
OWGP’s Development Grant program aims to support UK supply chain companies to scale up, significantly strengthening the country’s position in the global offshore wind market.
The competition is open to both offshore wind sector companies and those outside the industry, provided their projects align with priorities outlined in the Supply Chain Capability Analysis and Industrial Growth Plan.
Funding will be awarded on a competitive basis, with priority given to proposals featuring near-to-market or market-ready solutions, and a clear ambition for growth within the sector.
In 2024, OWGP awarded $3.7 million in funding to 12 UK-based supply chain companies, helping to drive innovation in line with the Industrial Growth Plan and Supply Chain Capability Analysis.
This included $1.2 million in Innovation Grants, championed by Ocean Winds and ScottishPower Renewables, and $2.45 million in Development Grants to foster sector growth.
Hutchinson Engineering, Power CSL, RelyOn, Global Greenergy Group, and Oxford Sensors have been awarded Development Grants, while Synaptec, Sedwell Ltd trading as InterBolt, Marine Power Systems, Apollo, Crondall Energy, HonuWorx, and
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