MHI Vestas has received its new blade mould on the Isle of Wight as major preparations are now underway to begin production as early as January 2019.
An economic impact analysis conducted by BVG Associates has concluded that, in addition to the 380 new direct jobs at the Isle of Wight blade factory and paint and logistics facility at Fawley, an additional 720 indirect and induced jobs will be added as a result of the company’s expansion effort. The same analysis concluded that the total economic impact would be GBP 42 million additional value-add per year to the regional economy when the second mould is fully operational.