The Offshore Wind Growth Partnership (OWGP) has launched its largest funding initiative to date, offering between £300,000 and £25 million per project to strengthen domestic offshore wind manufacturing under the UK’s Industrial Growth Plan.
Funding for the programme comes from developer members of the Offshore Wind Industry Council (OWIC) through the Industrial Growth Fund (IGF). The fund is designed to accelerate investment in UK-based manufacturing of turbine components, cables, foundations and related systems, as well as technologies supporting environmental services and operations and maintenance.
Since its establishment in 2019, OWIC funding has supported more than 380 projects aimed at expanding the UK’s offshore wind supply chain. The new IGF represents an expanded phase of support aligned with the 2024 Industrial Growth Plan, which seeks to position the UK as a leading hub for offshore wind production and innovation.
“I am delighted that we have today launched our first funding call based on OWIC’s Industrial Growth Fund,” said OWGP chair Tim Pick. “This represents a step change in the level of funding being deployed by OWGP, as part of our role delivering the Industrial Growth Plan.”
Programme director Anil Sayhan said the initiative marks “a major step in delivering the ambitions of the Offshore Wind Industrial Growth Plan,” adding that it will “help UK companies make the capital investments needed to grow home-grown supply, strengthen supply chain resilience, create high-value jobs, and position the UK at the forefront of offshore wind technology.”
Jane Cooper, deputy chief executive of RenewableUK and OWGP board member, described the launch as “a landmark moment for the UK’s world-leading offshore wind industry,” saying it will “support the creation of vibrant, innovative new supply chains all over the country.”
Adam Morrison, co-chair of the Offshore Wind Industry Council and UK country manager of Ocean Winds, said: “Our Industrial Growth Plan identifies high-value components to focus on, such as designing and manufacturing turbine towers, blades, foundations and cables. The measures set out in our Growth Plan will enable us to create 10,000 extra supply chain jobs, tripling our current manufacturing capacity and boosting the UK’s economy by a further £25 billion between now and 2035.”
Applications for the Industrial Growth Fund are open until 12 December 2025 at 17:00. The final value of the fund will depend on the outcome of Allocation Round 7 award decisions, expected by March 2026.
