SMEs in the North East given £2.8m for offshore renewables

Posted on 12 Jul 2013

The National Renewable Energy Centre (Narec) has established a £2.8m public-private initiative to support SMEs in the north east of England.

The Renewable Energy Technology Accelerator (RETA) project will launch with three new collaborations, involving companies developing innovative technologies to reduce the cost of offshore renewable energy installations. RETA will aid SMEs moving into the rapidly developing offshore wind and marine renewable energy supply chain. Tony Ikwue, innovation and corporate development director at Narec, said: “Narec has…

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