Transformational funding for Port of Cromarty Firth will kickstart floating offshore wind manufacturing in the UK

5 March 2025 - RenewableUK press release

Commenting on the announcement of £55.7m of funding from the Government's Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) to enable the Port of Cromarty Firth in Scotland to become a major hub for floating offshore wind, RenewableUK's Director of Industrial Development Luke Clark said:

"This funding will transform the Port of Cromarty Firth into the UK's first industrial hub for floating offshore wind, kickstarting a new industry making turbines over 250 meters tall on platforms the size of football pitches.

“The UK is a global leader in this innovative technology. We already have one of the largest floating project pipelines in the world. To maximise the opportunities it offers we’ll need to upgrade eleven ports and build new supply chains around the UK, so we hope this announcement is the first of many.

"Floating wind has enormous potential, as it enables us to build projects further out to sea where wind speeds are much stronger and even more consistent. By 2050, floating turbines could provide a third of the UK’s offshore wind capacity with 40 gigawatts fully operational - enough to power every home in the country. By then, our analysis shows that the UK’s floating wind industry will employ 97,000 people, contributing £47 billion to our economy by building and supplying projects here as well as exporting our cutting-edge technology worldwide".

More details on the Government’s announcement are available here.

(ends)

Notes

For further information, contact

Robert Norris, Head of Communications
07969 229 913 | Robert.Norris@RenewableUK.com

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