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PRIVACY
Manufacturing

Offshore boss calls for supply chain support to capitalise on Green Industrial Revolution

County Durham's Tekmar operates around the globe, but says some of the best opportunities are on its doorstep

Tekmar CEO Alasdair MacDonald

The chief executive of North East offshore firm Tekmar Group has called for better procurement systems to ensure º£½ÇÊÓÆµ firms can benefit from the Government’s 10-point plan for a Green Industrial Revolution.

Prime Minister Boris Johnson unveiled the environmental plan to great fanfare last November, revealing ambitions to plough £12bn of investment into the º£½ÇÊÓÆµ renewables sector with the aim of creating 250,000 jobs.

Mr Johnson pledged that º£½ÇÊÓÆµ industrial heartlands including the North East would be at the centre of the plans.

But for those ambitions to come to fruition, the CEO of Newton Aycliffe-based Tekmar said the Government must align with the º£½ÇÊÓÆµ supply chain to make sure companies like his can take advantage of the opportunities at hand.

Growth forecasts point to a fourfold increase in º£½ÇÊÓÆµ wind power by 2030, with even higher increases predicted in Europe and globally.

Tekmar CEO Alasdair MacDonald said: “I would say the 10 point plan from Government is welcomed, but the real opportunity we have to grasp is getting a North East and º£½ÇÊÓÆµ supply chain.

“We have developed technologies now used internationally, and by 2030 we will see a fourold increase in renewables in the º£½ÇÊÓÆµ, fivefold in Europe, so the scale of opportunities is significant. That’s playing out in our half year results, where we saw a 21% increase in our enquiry book.

“The fundamentals are very strong.