16 March 2021 • In News
GE says the new plant could create up to 750 direct renewable energy jobs
GE’s investment in a new wind turbine blade manufacturing plant places Teesside at forefront of green revolution, an industry expert says.
LM Wind Power, a GE Renewable Energy business, will build a plant dedicated to the production of 107m offshore wind turbine blades, a key component of GE’s Haliade-X, one of the most powerful offshore wind turbines.
GE estimates the new plant, set to open and start production in 2023, could create up to 750 direct renewable energy jobs and up to 1,500 indirect jobs in the supply chain.
Gary Ellis, partner at Clive Owen LLP Inflation was on the mind of some members of the North East Shadow MPC, although only one felt now was the time for a small rise in the interest rate. The majority of members voted to hold this month. The MPC is a partnership between The Northern Echo and Clive Owen LLP, which considers the state of the region’s economy and gives experts from a variety of sectors the opportunity to argue their case for a shift, or hold, in the rate. Graham Robb, senior partner at Recognition PR, said: “I would like to see a minor increase in interest rates to head off inflation pressures and protect those on fixed income who may be relying on savings. However, I acknowledge this will cost the government a lot of money and is unlikely to happen.”
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Business Secretary co-chairs UK Steel Council meeting 5 March 2021
As part of the UK government’s regular and ongoing engagement with the steel industry, Business Secretary Kwasi Kwarteng today re-established and co-chaired the latest UK Steel Council meeting, with representatives from the 6 major steel companies in the UK, as well as UK Steel, the sector’s trade association, trade unions and the Devolved Administrations in attendance.
The Business Secretary opened the call reiterating the UK government’s commitment to levelling up the country and protecting jobs as we build back better from the pandemic. He noted the newly constituted Steel Council offers the forum for government, industry and trade unions to work in partnership on the shared objective of creating an achievable, long-term plan to support the sector’s transition to a competitive, sustainable and low carbon future.