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- Next round of the Regional Growth Fund will open on October 11
- Doug Richard to make keynote speech at launch of Big GAIN Dialogue
- Davey: shale gas will not affect focus on renewables and low carbon technologies
- Wave Hub applies for floating wind consent
- Bristol bidding to become the national social enterprise city
- UK Business Activity Index at highest for more than six years
- South West Energy Centre aims to grow regional green sector
- Five transport schemes in Devon and Somerset are given go-ahead
- €2 Million to Boost Access to Finance for Eco-innovative Companies (EU)
- £5,000 Innovation Vouchers for SMEs to gain knowledge
- Small firms still losing out in Funding For Lending scheme
- South West offshore wind farm will bring £100m contracts
- Lack of political leadership undermining UK green economy, says Report
- CBI calls for big push on energy efficiency
- Investment needed in regional railways and not HS2, says IoD
- Whitty findings to be published later this year
- UK offshore wind strategy could unlock £7bn by 2020
- Coastal Communities Fund is to be extended
- CBI says growth is picking up but more rebalancing is needed
- Dedicated apprenticeship campaign is launched in Cornwall
- Interest-free loans available for creative industries
- GamesLab - a £1m programme of support for the SW games industry
- Cornwall LEP appoints four public sector board members
- £160 million technology boost for UK agricultural industries
- Employers could be funded directly to purchase apprenticeship training they want
- South West has Britain's lowest unemployment rate
- World's largest lender to step up support for renewable energy
- Off-shore and on-shore wind the key to 20% rise in renewable energy sources
- Invest in Cornwall survey shows scepticism about Green Investment Bank
- New 'What Works Centre for Local Economic Growth'
- Regional Growth Fund - Assisted Asset Purchase Scheme
- Angel syndicate funding extends across UK
- Details of Electricity Market Reform could ease investor fears
- Somerset communities could receive £128m benefit from hosting Hinkley reactor
- West's innovative City Deal plan to boost economic growth
- Plymouth Formation Zones on course to be in top five per cent
- Plymouth City Deal partnership's £4m Regional Growth Fund success
- University growth fund creates a further 149 jobs in region
- Plymouth University to join global entrepreneurship education consortium
- A very large gamble: evidence on Quantitative Easing in the US and UK
- South West renewable energy capacity grows 50% in year to reach 1 Gigawatt
- Plymouth University climbs rankings in league table of the modern global elite
- £10bn investor guarantee for Hinkley C nuclear plant
- Cornwall gets lion's share of European economic funding
- £15m fund to help rural communities build renewable energy projects
- Momentum in economy, says South West Observatory
- UKTI export event for international finance matters
- £19m available for energy entrepreneurs
- Aerohub one step closer to funding for the Enterprise Zone Business Park
- Cornish companies win bid to develop floating wind turbine project for Wave Hub
- UKTI to hold Boot Camp for US healthcare market
- Santander 2013 Social Enterprise Development Awards
- 40 new factories needed to cope with UK windfarm demand
- Barometer reveals 12 month high in English manufacturing SME confidence
- Finance for young entrepreneurs
- MPs recommend Regen SW's plan for Severn marine energy
- Heart of the South West LEP names its first chief executive
- SME funding to make Europe a greener place
- South West MPs show support for renewable energy manifesto
- Business survey reveals scale of social enterprise network
- New Task force aims to boost women's role in economic growth
- Plymouth TA unit offers staff development training
- TSB vouchers to help fight cyber crime
- You're Hired! is looking for employers to join project
- First 'Get Plymouth Building' plans revealed
- Students win gold award for green impact on campus
- University to boost family business growth in rural South West
- Witt renewable energy device receives development funding
- Government grant to kickstart Sherford new town development
- New £25m West of England Growth Fund to boost local jobs and economy
- Further wave and tidal leasing to accelerate technology development
- Cornwall to consult on European funding priorities
- BT sources 100% renewable energy from npower
- Give SMEs better access to £230bn public sector contracts, says Lord Young
- Local Enterprise Partnership welcome station funding announcement
- UK ranked in top 3 destinations for future manufacturing profit growth, KPMG survey reveals
- The Vice-Chancellor's Enterprise Awards 2013
- South West trade mission to China
- Regen's manifesto to create 34,000 energy jobs in South West
- Offshore wind supply chain opportunities
- Growing opportunities in booming retrofit sector
- Tamar Science Park celebrates record year with 70 jobs in the pipeline
- £21 MILLION BOOST FOR CARBON CUTTING TECHNOLOGIES
- New £7m creative and digital hub opens in Bristol Temple Quarter Enterprise Zone
- First business growth fund awards create 95 jobs and bring £2m investment
- Blue Skies and Green Lights
- Torbay launches innovative Growth Fund
- Cautious optimism about future growth prospects in Plymouth
- Aerohub becomes one of the largest open development sites in the UK
- New International Trade Club to put Plymouth on the export map
- Demand for flexible working prompts mobile growth
- International aerospace company sets up new base at Aerohub Enterprise Zone
- Time is right for entrepreneurs, says DCBC chairman Tim Jones
- Cornish butcher celebrates £143k investment from Business Catalyst Fund
- Paignton car designer developing sustainable light vehicle concept
- Health and Wellbeing Innovation Centre fit for the future as first clients move in
- Somerset economy poised for boost following Hinkley C planning consent
- More power for regions as Government accepts Heseltine growth recommendations
- Government accepts Richard Review and pledges total reform of Apprenticeships
- Health and Wellbeing Innovation Centre open for business
- West of England LEP's response to the Heseltine Review
- UK entrepreneurs being failed by lack of Government support for innovation
- Research highlights sectors most likely to grow in Devon
- Survey reveals cost of poor transport infrastructure to South West businesses
- Innovation, exports and global partnerships to be key themes of City Deal
- Bloodhound boost for Cornish science and engineering skills
- UK's two marine energy parks sign historic agreement
- Time is right for an economic sea change for Plymouth and the region
- Plymouth University wins prestigious national award for innovative ebook project
- Plymouth's opportunity to take the lead in marine science and technology
- Funding secured for £2 million Marine Innovation Centre
- Sutton Harbour £240,000 redevelopment gets underway
- Bickleigh green hub aims to be Europe's first zero bills community
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South West offshore wind farm will bring £100m contracts
Contracts totalling more than £100m will be available when permission is granted to build an offshore wind farm off the South West coast nearly twice the size of the London Array.
The 1100MW project is a 50-50 venture between Eneco and EDF Energy and could create more than 1,000 jobs. It is in the final round of consultations ahead of submission of Development Consent Order early next year.
When operational it will occupy a 175 square kilometre site (67 square miles) in waters up to 53m deep 13.9km west of The Needles off the Isle of Wight. With around 200 turbines, some up to 200m high, the Park will be visible on the horizon from tourist resorts such as the Isle of Wight, Bournemouth, Swanage and Weymouth.
The project team says Navitus Bay represents a multi-million pound investment which will bring significant benefits to the local economy and local ports. Based on other UK offshore wind projects, a conservative estimate of the value of contracts to businesses in the local economy is in excess of £100m.
It is estimated that the project will create up to 1,000 jobs during the construction phase and 100 permanent posts.
If planning permission is granted, the major component supply and construction contracts are anticipated to be awarded during 2017 following the Financial Investment Decision (FID). The FID, scheduled for Q1 2017, will be taken by the shareholders of Navitus Bay Development Ltd and will be the green light for release of the funds to construct the project.
The issuing of Invitations to Tender for the main packages of work such as turbines, foundations, cables and installation activities will go to market during an 18 month period ahead of FID.
Suppliers can register here: www.navitusbaywindpark.co.uk/suppliers-register
