Siemens and Associated British Ports (ABP) have signed a Memorandum of Understanding in connection with ABP's proposed Green Port Hull development at Alexandra Dock, Port of Hull (artist's impression pictured) with the parties agreeing to work together to develop plans for the construction of a new Siemens offshore wind turbine manufacturing and export facility at the Port with the aim of executing definitive agreements later this year.
The deal follows Siemens positive response in March last year to the government's announcement that it would allocate £60m to a competition for land development. Siemens said it would invest in excess of £80m to develop an offshore wind turbine production facility in the UK to help it accommodate future demand for offshore wind power.
"With the new wind turbine production plant in the UK we're pushing ahead with our strategy of investments in attractive growth markets for eco-friendly technology. In the foreseeable future the wind power market in the UK will be characterized by major offshore projects, and we'll extend our market leadership with the new production plant," Siemens CEO Peter Löscher.
The new manufacturing facility will produce the next generation of turbines for offshore application and will draw on R&D provided by its dedicated Centres of Excellence for wind power in the UK.
More than 40% of the electricity from wind power in the UK is provided using Siemens Wind Power technology.