Tuesday 28 February 2012

UK Business Secretary unveils location for Offshore Renewable Energy Catapult

The location of a new £50 million centre that will accelerate the commercialisation of green technologies has been announced by the UK's Business Secretary Vince Cable.

The Offshore Renewable Energy Catapult will be headquartered at the University of Strathclyde in Glasgow with an operational centre at the National Renewable Energy Centre (Narec) in the North East of England.

The national centre will focus on technologies for offshore wind, wave and tidal power and is designed to bridge the gap between university research and full commercialisation.
It will have a UK wide remit, and build strong links with centres of excellence such as Wave Hub and the marine energy park in the South West of England.

Speaking at the launch of the Catapult in Glasgow, Vince Cable said: “Our offshore renewable sector can compete on a global scale and has huge potential for growth. If we can harness that we will generate billions of pounds for the economy whilst creating thousands of job opportunities at the same time.

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