JDR Cable Systems has secured financial support for a new “state-of-the-art” subsea cable manufacturing facility in the north-east of England.
The global subsea cable and umbilical supplier and servicer, part of the TFK Group, has reached final agreement under the UK government’s Offshore Wind Manufacturing Scheme (OWMIS).
It means JDR is on track to begin construction on the manufacturing base, near Blyth, Northumberland, in summer, with a planned opening in 2024.
Backed by a new £130m UK Export Finance export development guarantee, the facility is expected to create 171 high-quality local jobs, while safeguarding 270 jobs at JDR’s existing facilities.
Business and energy secretary Kwasi Kwarteng, said: “Our offshore wind sector is a major industrial success story that delivers cheaper energy for consumers and high-quality manufacturing jobs across the UK. Investments such as this from JDR, with government backing, are exactly the kind which our British Energy Security Strategy will attract, while reducing our exposure to volatile global gas prices.”
The new facility is the first step in JDR’s plans to expand its product portfolio to support the growing global renewable energy market.
It adds high voltage export and long length array cables to its existing capacity and product capabilities.
© Supplied by AspectusTomasz Nowak, chief executive at JDR, said: “Since our initial announcement in September last year, the UK has redoubled its commitment to net zero having hosted COP 26 and reaffirmed the importance of building out the country’s renewable infrastructure and supply chain in light of the current gas and energy crises. Now more than ever it’s critical to push forward with the UK’s offshore energy ambitions and we are delighted to take this major step forward in delivering the new site at Blyth.”
Minister for investment, Gerry Grimstone added: “JDR’s investment in Blyth shows how attractive the UK’s renewable energy sector is, supporting jobs, growing the economy and levelling up the UK. Through our ambitious Energy Security Strategy this government is helping reduce our reliance on oil and gas, and bringing more clean, green power to the nation.”
Jeff Watson, chairman of Advance Northumberland said “This is a fantastic milestone for JDR Cable Systems investment into Northumberland. The new state of the art subsea cable production facility will lead to the creation of over 170 new green jobs in the County, solidify our status as a leading investment location in the UK for renewable energy as well directly contribute to the Governments net zero agenda”
On top of its new facility, JDR has also announced a £3m investment into its existing site in Hartlepool, with the installation of a new vertical layup machine.
The equipment will increases production capacity by about a quarter, readying the facility for manufacture of array cables above its current 66 kV product range.
James Young, chief strategy officer at JDR said: “The energy transition will only accelerate, meaning more power from larger turbines, installed farther offshore and with higher voltage subsea cables to connect them. The North East of England is the ideal base from which to serve the largest offshore renewable energy market in Europe, and we’re delighted to be able to announce these major investments in both Blyth and our existing facility at Hartlepool.”
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