South Korea's SeAH Wind will pump funds into a new 90-acre site in Teesworks, next to the River Tees, to make the steel foundations for turbines. I
South Korea’s SeAH Wind will pump funds into a new 90-acre site in Teesworks, next to the River Tees, to make the steel foundations for turbines. It is expected to create 750 direct jobs and 1,500 more in the supply chain, and will be fully up and running by 2026. It had previously announced it would open on the banks of the Humber, but instead choose to work from the former steelworks site.
The parts will be used to create the largest offshore wind farm at Dogger Bank.
Reacting to the news on social media, Science Minister George Freeman said: “The UK manufacturing renaissance continues.”
Tees Valley Mayor Ben Houchen called the decision “a real coup” for investment in the area.
He added: “We’ve only secured these milestones by going further, faster and we’re working round the clock to get the jobs local people are crying out for on the site as soon as possible.”
Joosung Lee, SeAH Steel Holdings chief executive and president, said the aim was to contribute heavily to the UK’s offshore wind industry.
He said: “We are pleased to take the first yet significant step for this goal in Teesside.
“We will endeavour to make our factory globally competitive as well as become a good member of the community.”
With more electricity generated by offshore wind than anywhere else in the world, the UK is at the forefront of the fastest-growing energy source.
They will serve as a critical part of Prime Minister Boris Johnson’s plan for the UK to be net zero by 2060.
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Mr Johnson previously outlined his 10-point plan for a “green industrial revolution” and pledged to transform the UK into the “Saudi Arabia of wind”.
To get there, it plans to quadruple current offshore capacity to 40GW by 2030.
According to the UK Wind Energy Database, the UK has the most offshore wind installations at 28.9 percent.
China is a close second, with 28.31 percent.
In 2021, wind energy generated an impressive 21.4 percent of the UK’s electricity, according to the National Grid.
The new state-owned UK Infrastructure Bank is investing £107million to help create a new quay next to where the factory will be built, to serve the offshore wind sector.
Construction is expected to start in July.
Jacob Young, MP for Redcar, said: “This is yet another extraordinary demonstration that Teesside sits at the very heart of the UK’s green industrial revolution.
“What’s happening at Teesworks is bringing new, long-term and sustainable jobs to the people of our region.”