Siemens and Associated British Ports have announced they will invest a combined £310m in wind turbine production and installation facilities across two sites in Yorkshire.
The two sites comprise the previously announced Green Port Hull construction, assembly and service facility, and a new rotor blade manufacturing facility in Paull, East Riding.
Siemens will invest £160m across the two sites and ABP will invest £150m in the Green Port Hull development.
Green Port Hull has been in the planning for four years and is aimed at stimulating regeneration in the Humber region.
The investment is expected to create 1,000 jobs directly, including 550 at the blade factory and 450 at Green Port Hull, with additional construction and supply chain jobs.
Siemens chief executive of the energy sector Michael Suess said: “Our decision to construct a production facility for offshore wind turbines in England is part of our global strategy: we invest in markets with reliable conditions that can ensure factories can work to capacity.
“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.”
Siemens and ABP will submit planning applications to Hull City Council and East Riding Council over the next few months for revisions to the existing proposed scheme at Alexandra Dock and for land in Paull in East Riding for the wind turbine blade factory.
Green Port Hull is planned to be operational in early 2016. The start of production at the blade factory is scheduled to be in the middle of 2016 with full production levels reached in mid-2017.
Energy secretary Ed Davey said: “This deal is excellent news for the people of Hull and the Humber, the UK, the wind industry and our energy security.
“This deal shows our strategy for offshore wind is working, bringing investment, green jobs and growth, and helping keep Britain the number one country in the world for offshore wind.”