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| £310m invested in UK wind turbines | £310m invested in UK wind turbines |
| (about 3 hours later) | |
| Manufacturing giant Siemens and the UK's Associated British Ports are to invest a total of £310m in UK wind turbine factories, creating 1,000 jobs. | Manufacturing giant Siemens and the UK's Associated British Ports are to invest a total of £310m in UK wind turbine factories, creating 1,000 jobs. |
| Siemens will put up £160m - doubling its previous plans to invest £80m in wind turbine production in the UK. | Siemens will put up £160m - doubling its previous plans to invest £80m in wind turbine production in the UK. |
| The investment is being made across two locations - the Green Port project in Hull, and a second manufacturing facility in Paull in East Yorkshire. | |
| Siemens said the UK "recognises the potential of offshore wind energy". | Siemens said the UK "recognises the potential of offshore wind energy". |
| "We invest in markets with reliable conditions that can ensure that factories can work to capacity," said Michael Suess, head of Siemens's energy sector. | "We invest in markets with reliable conditions that can ensure that factories can work to capacity," said Michael Suess, head of Siemens's energy sector. |
| "The British energy policy creates a favourable framework for the expansion of offshore wind energy. In particular, it recognises the potential of offshore wind energy within the overall portfolio of energy production." | "The British energy policy creates a favourable framework for the expansion of offshore wind energy. In particular, it recognises the potential of offshore wind energy within the overall portfolio of energy production." |
| Associated British Ports, which is collaborating with Siemens on the Green Port development in Hull, is investing £150m in the project. | Associated British Ports, which is collaborating with Siemens on the Green Port development in Hull, is investing £150m in the project. |
| The combined investment of £310m is expected to create up to 1,000 jobs directly - 300 more than previously announced - plus additional jobs in construction and through the supply chain. | The combined investment of £310m is expected to create up to 1,000 jobs directly - 300 more than previously announced - plus additional jobs in construction and through the supply chain. |
| The Green Port facility will construct, assemble and service offshore wind turbines, while the second Siemens site in Paull will be used to manufacture the 75-metre rotor blades. | The Green Port facility will construct, assemble and service offshore wind turbines, while the second Siemens site in Paull will be used to manufacture the 75-metre rotor blades. |
| Energy Secretary Ed Davey said the investment demonstrated the UK was "backing enterprise with better infrastructure and lower taxes". | Energy Secretary Ed Davey said the investment demonstrated the UK was "backing enterprise with better infrastructure and lower taxes". |
| "This deal is excellent news for the people of Hull and the Humber, the UK, the wind industry, and our energy security," he said. | "This deal is excellent news for the people of Hull and the Humber, the UK, the wind industry, and our energy security," he said. |