Tag: Investment
The Port of Tyne’s 200-acre Tyne Clean Energy Park secures another offshore wind customer – Van Oord – as the Port of Tyne cements its position as the region’s clean energy centre. From Q1 2024, the port will act as the storage and marshalling base for the foundations of the 1.4 GW – or 100 […]
As part of British Science Week, Lockheed Martin has announced an investment of £150,000 to Northumbria University in a project that aims to accelerate the delivery of space-based solar power. Combining science and technology, the project will use specialised photovoltaic cells that will collect and convert laser power into useable power for future space and lunar vehicles. […]
The Creative Assembly™ Ltd., part of SEGA® Europe Ltd., today announced a third development location in Newcastle, UK. This new studio sits alongside the studio’s headquarters in Sussex, UK and their European studio in Sofia, Bulgaria, across which there are over 850 permanent employees. The newly established Creative Assembly (CA) North is home to a growing flexible […]
Capable of attracting and developing the UK’s very best esports and creative talent, British Esports has announced it’s plans to develop a multi-site venue around the National Esports Performance Campus, developing a brand new creative hub alongside esports and gaming accommodation. Representing a multi million-pound investment in the city of Sunderland, the total footprint of […]
By Michelle Duggan, Inward Investment Manager This year our major focus will be on accelerating the growth of the North East’s electrification sector. By targeting the most successful international markets, particularly the US and Japan, we can supercharge local green growth. North East England is a beacon in the UK’s electric vehicle and battery sectors, […]
Recharge Industries, a portfolio company of Scale Facilitation, has been successful in its bid for ownership of Britishvolt. Recharge Industries is a leading provider of battery technology, specialising in production and research and development. Based in Geelong, Australia, the firm is currently developing Australia’s first large-scale lithium-ion cell production facility to provide safer, more efficient […]
Sunderland-born founder of global production company unveils plans for film studios, creating one of Europe’s largest facilities, bringing 8,450 jobs. FulwellCain Studios, a joint venture between global entertainment company Fulwell 73 and Cain International, has today announced plans for Crown Works Studios in Sunderland, which will be one of the largest filmmaking complexes in Europe, […]
Multinational defence and security firm Leonardo has announced that it is investing in creating a new high-technology science and engineering facility on Newcastle Helix, a ground-breaking 24-acre city centre development that brings together industry leaders, businesses, and top researchers into an internationally renowned innovation cluster. Leonardo UK expects to employ over 200 people at the […]