The UK government has awarded up to £64 million to support the development of Port Talbot as a floating offshore wind hub in the Celtic Sea.
The Department for Energy Security and Net Zero said the funding will enable Associated British Ports to complete design and engineering work for the new port.
Energy Secretary Ed Miliband added the project will help unlock at least 4.5GW of floating offshore wind capacity in the Celtic Sea.
The development could power around 6.5 million homes and support up to 5000 jobs while boosting the UK’s clean energy supply.
Associated British Ports expects the project to unlock more than £500 million of investment and establish Port Talbot as a key base for floating wind.
The funding remains subject to final approvals and a mandatory Subsidy Advice Unit review.
