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Uk is the "Saudi Arabia of wind power" ..my @rse!

Posted: Mon Jul 11, 2022 10:29 am
by Mr Gus
Teesworks w/t blade plant shelved (GE walk away)

Only if you flog the rights to someone else it seems.

All this "potential" yet no UK owned plants performing contracts for the industry, but it appears only good enough for foreign investment, ..if the blast is to be believed then why is "home-grown" so markedly absent?

With the Koreans left to carry on at a presumably slower rate of investment now a bit chunk of contract capital has walked is this the mythical unicorn promise of levelling up (North) ?

Re: Uk is the "Saudi Arabia of wind power" ..my @rse!

Posted: Mon Jul 11, 2022 10:39 am
by AE-NMidlands
That is bad news. https://renewablesnow.com/news/ge-renew ... rt-791087/ covers it but doesn't mention any financial details. Neither does https://www.lmwindpower.com/en/stories- ... open-in-uk (a GE company puff) If LM is a GE subsidiary, who was the other party? Just GE finance?
https://www.powerengineeringint.com/ren ... e-factory/ says they already have one in Hull.
A