- The Port of Tyne plans to invest £150m in the Tyne Clean Energy Park, a 230-acre hub for offshore wind, clean energy, and advanced manufacturing.
- The project could create up to 12,000 jobs, with officials calling it a catalyst for the North East’s green energy revolution.
The Port of Tyne has announced plans to invest £150 million in transforming a 230-acre (93ha) site across North and South Shields into the Tyne Clean Energy Park, a hub dedicated to offshore renewables, clean energy, and advanced manufacturing.
Port Chief Executive Matt Beeton said the project would deliver “world-class infrastructure to support a growing supply chain,” adding that strengthening the three sectors is a “national priority” that requires “decisive action.”
The redevelopment will include regenerating both banks of the port and building a new 400m (1,312ft) deep-water quayside. Positioned close to North Sea wind arrays, the park aims to anchor the region as a leading offshore wind and renewable energy development base.
The Tyne Clean Energy Park will sit within an Industrial Strategy Zone, offering businesses tax incentives such as relief on business rates, stamp duty land tax exemptions, and enhanced capital allowances. The port also invested £6m in the first phase, delivering a dedicated berth and a 23,000 sq ft (2,137 sq m) warehouse at Howdon Quay.
In addition, North East Mayor Kim McGuinness welcomed the project, describing it as a “game-changer” for the region. “The potential for the site is huge,” she said. “It could generate thousands of clean energy jobs, secure long-term benefits for local communities, and cement the North East as the home of the green energy revolution.”
Port of Tyne officials estimate the project could create up to 12,000 jobs once fully operational.