GREENPOWER PARK: TRAILBLAZING UK CENTRE OF ELECTRIFICATION & CLEAN ENERGY AND WEST MIDLANDS GIGAFACTORY TO SPEARHEAD THE GREEN INDUSTRIAL REVOLUTION

• Clean Electrification Skills Cluster: With the West Midlands Gigafactory as its anchor tenant, the Greenpower Park campus will create an holistic environment for battery research, industrialisation, manufacturing, testing, recycling and electrified logistics - designed to drive advancements in zero emission EVs, public transport, aviation, and energy systems
• Unprecedented Investment: Centre of Excellence for electrification, clean energy, battery manufacturing and technology development targets inward investment of £2.5bn and 6,000 highly skilled jobs
• Strategic Thinking: Unique collaboration between academia, industry, government and international partners to create a complete ecosystem designed to boost accelerated development, growth and innovation across the sector.
• Media assets available here

COVENTRY, England, March 27, 2024 /PRNewswire/ -- Plans to place Britain at the epicentre of the green industrial revolution have taken a significant leap forward with the launch of Greenpower Park - the UK Centre of Electrification and Clean Energy - setting the stage for unparalleled investment in green electrified technology and skilled job creation.

With the West Midlands Gigafactory as its anchor tenant, the ambitious project, designed to foster world-leading collaborations between industry, major academic institutions and stakeholders to drive the UK's ambitions in leading the transition to a cleaner, more sustainable energy future, has unveiled plans to create an end-to-end electrification and clean energy ecosystem at its Greenpower Park campus in Coventry - the only site in the UK with approved plans for a large-scale battery production facility with capacity for up to 60GWh - enough to power 600,000 electric vehicles and benefiting significant incentives associated with investment zone status. 

Combining endorsement from nine local universities and a local business sector rapidly establishing itself as a leader in electrification and clean energy, the Greenpower Park campus will support the development of new businesses and manufacturing facilities with a unique package of incentives, combining investment zone status, approved planning permission and an unprecedented regional incentives package to kick start development.

With a strategic focus on electrification technology development and manufacturing, the centre aims to attract an unprecedented inward investment of £2.5 billion - creating 6,000 highly skilled jobs and placing the UK at the forefront of critical clean energy technologies - and is already attracting keen interest, with a number of Asian battery manufacturers actively considering moving to the site.

Located at the heart of the UK's manufacturing powerbase, and with official approval already secured for a gigafactory with enough capacity to power 600,000 electric vehicles - the initiative will help establish the UK as a strategic centre for vital electrification and clean energy technologies.

Capitalising on a future workforce of over 210,000 local students enrolled in relevant degrees and vocational courses to meet the electrification sector's needs, the project's backers believe that Greenpower Park's launch will prove a pivotal moment in the UK's transition to an electrified economy, as well as a significant leap forward in battery technology development and sustainable manufacturing practices.

"In a decisive stride towards fortifying Britain's position as a global leader in electrification innovation, the unveiling of Greenpower Park with the West Midlands Gigafactory marks a transformative moment for the nation's net zero landscape," said Cllr Jim O'Boyle, Cabinet Member for Jobs, Regeneration and Climate Change at Coventry City Council.

"This ambitious initiative is not merely about setting the groundwork for the next generation of electric technologies and sustainable manufacturing practices. It is a clarion call to the world that the UK is open for business, ready to lead the charge in the green industrial revolution. With its strategic location, unprecedented financial support, academic partnerships, a ready-made skilled workforce, and oven-ready plans to build Britain's biggest gigafactory, Greenpower Park is poised to become the cornerstone of the UK's electrified future, driving forward our commitment to innovation, sustainability, and economic growth."

About Greenpower Park

Located at the heart of the UK's manufacturing industry, the Greenpower Park is a trailblazing centre of excellence for electrification, battery technology and manufacturing. With the West Midlands Gigafactory as its anchor tenant, it has unrivalled access to the most highly skilled workforce in the country.

This ground-breaking location is the first of its kind, offering an all-in-one solution for battery research, industrialisation, manufacturing, testing, recycling and electrified logistics designed to foster the UK's growing battery ecosystem.

The Greenpower Park in Coventry sits within the West Midlands Investment Zone which is focused on Advanced Manufacturing, providing significant tax incentives and breaks for investors and it has outline planning permission for a Gigafactory.

Greenpower Park is part of a public private joint venture agreement between Coventry City Council and Coventry Airport Ltd. It has support from a unique alliance of West Midlands industrial groups, local government, and academic institutions. This alliance includes the West Midlands Combined Authority, Warwick District Council, Warwickshire County Council, Rugby Council, Warwick Manufacturing Group at University of Warwick, Coventry University, and the Manufacturing Technology Centre.

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SOURCE Greenpower Park