The Industrial Growth Plan is set up to boost offshore wind manufacturing
The Offshore Wind Growth Partnership (OWGP) has launched its latest programme, offering funding from £300,000 to £25m per supply chain project, to support investment priorities set out in the Industrial Growth Plan. Funding for the programme comes from Offshore Wind Industry Council (OWIC) developer members through their Industrial Growth Fund (IGF)
The IGF has been developed to advance capital investment in domestic manufacturing of key components, systems and services into the offshore wind sector.
Since 2019, funding from OWIC, an industry-government coalition, has helped over 387 high-impact projects that have strengthened the UK offshore wind supply chain's capacity and capability. The IGF represents a new, larger phase of funding and will support organisations seeking to expand or build new facilities, as set out in the 2024 Industrial Growth Plan (IGP). The IGP's funding priorities include manufacturing turbine blades, cables, and foundations, as well as advanced technologies for environmental services and O&M.
With OWGP leading execution of the IGP and receiving continued funding from OWIC, the offshore wind industry is providing a new approach to sustaining supply chain growth aligned with the IGP and the government's Industrial Strategy.
Under the Contracts for Difference Allocation Round 7 Clean Industry Bonus Framework, generators participating in AR7 can nominate OWGP to provide a portion of their CIB minimum standard commitments. Supply chain projects that meet the CIB criteria, as well as those that do not, are eligible to apply.
Tim Pick, chair of the Offshore Wind Growth Partnership and commissioner of the Clean Power 2030 Advisory Commission, said, “I am delighted that we have today launched our first funding call based on OWIC’s Industrial Growth Fund. This represents a step change in the level of funding being deployed by OWGP, as part of our role delivering the Industrial Growth Plan.”
In June 2025, OWGP officially assumed the role of IGP Delivery Body, strengthening its mission to advance the development of the offshore wind supply chain. As such, the OWGP acts as a coordinating mechanism for the Plan's execution, enabling alignment across industry, government, and other stakeholders to ensure investments are impactful and consistent with industrial strategy.
The IGF is the initial step in directing those investments into the right areas of the supply chain to maximise the benefits for the sector and the broader UK economy.
OWGP Programme director, Anil Sayhan, said, "The Industrial Growth Fund marks a major step in delivering the ambitions of the Offshore Wind Industrial Growth Plan. Achieving IGP targets requires strategic domestic investment to expand existing facilities and establish new ones capable of producing critical components. Through this funding initiative, OWGP is helping 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 CEO of RenewableUK and OWGP board member, said, “The launch of the first round of the Industrial Growth Fund is a landmark moment for the UK’s world-leading offshore wind industry. It will support the creation of vibrant, innovative new supply chains all over the country, building on the hundreds of companies already thriving here which serve our sector. It will ensure that communities throughout the UK feel the tangible benefits of industrial regeneration in areas which need new opportunities."
The Industry co-chair of the Offshore Wind Industry Council and UK country manager of Ocean Winds, Adam Morrison, said, "Our Industrial Growth Plan identifies high-value components to focus on, such as designing and manufacturing turbine towers, blades, foundations and cables, as well as providing services constructing and operating offshore wind farms. 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 and will close on Friday, 12 December at 17:00. The final value of the fund will be dependent on the AR7 award decisions, expected by March 2026. For more information on eligibility and how to apply, visit: Industrial Growth Fund – Offshore Wind Growth Partnership
