An innovative wind turbine project has had the go-ahead to continue its work thanks to investment of over £400,000 from Advantage West Midlands.
The WindSupply Project, which began as a regional pilot and is now being adopted in other areas, backs engineering companies looking to get into the growing wind energy marketplace worldwide.
Wind turbines contain many engineered components, such as castings and gears, that West Midlands' companies are experienced in.
AWM believes it is important the region wins its share of this marketplace in the UK.
While many large components are produced near to the installation site, the high value components tend to be imported.
Eight hundred companies have joined the initiative, with 700 more expected to benefit in the next four years.
The wind energy industry is growing at 30 per cent per year. Each wind turbine produces enough electricity for 1,000 homes and the value of the UK marketplace is around £500 million per annum.
The project, which has funding until 2009, will finance workshops, presence at high profile international trade exhibitions and will also set up a number of product innovation groups.