Prior Power Solutions joins inaugural regional renewables programme
Prior Power Solutions has been selected for participation in the Fit for Offshore Renewables (F4OR) New Anglia Programme 2020, co-funded by the ORE Catapult and the New Anglia LEP.
With over 50 high quality expressions of interest received for the programme, Prior Power Solutions’ application was one of just ten selected. The success of our application was down to the potential value we can add to the renewables sector and the potential ORE Catapult sees for sustainable and successful growth in the offshore renewable energy sector for Prior Power Solutions.
James Rix, Managing Director says, “We are Looking forward to getting involved in this programme.”
“In this our 40th year we have identified that we are too dependent on oil & gas and we are looking to reduce that by adapting our products and services for adjacent markets such as offshore renewables.
“As shown by our recent rebrand, we are committed to undertake significant R&D into cleaner diesel and alternative-powered equipment.
“Being part of the F4OR Programme will allow us to develop and grow our business and expertise and learn from colleagues in other companies in the cohort.”
The F4OR New Anglia programme is the first regional F4OR programme. It builds on the learning from the pilot programme in Scotland and the ongoing support from New Anglia LEP’s Industry Advisory Group. A key feature of this regional programme is the concept of the “cohort”. More specifically, it is envisaged that whilst the individual companies have been selected and they will be working to improve and develop their own corporate profile and competence, they will also embrace a desire to work as a regional cohort. With a strong collective voice representing the supply chain New Anglia LEP is hopeful to gain greater impact through engagement with the offshore wind developers and other stakeholders. The cohort model will also support the development of business to business relationships, networks and strategic partnerships.