Below: 20kW rig and 15kW prototypeThe funding, reported by GrowthBusiness  comes after December developments when NGenTec secured investment of £2m from Amsterdam based SET Venture Partners and Scottish Enterprise’s Scottish Co-investment Fund to enable the company to design, manufacture and test its generator technology for multi-megawatt offshore wind turbine market. That, on the heels of £800,000 grant from Department of Energy & Climate Change ET Fund. 

Invaluable as funding is, the industrial partnership with global gearing firm, David Brown, owned by Clyde Blowers is another vital part of NGenTec's development.

Derek Shepherd, NGenTec’s non-executive chair, founder and acting CEO, said: “We see huge advantages to both parties in ensuring that NGenTec becomes the preferred supplier of direct drive generators to the offshore wind energy market, which in UK is valued at £70bn over the next 10 years.”

"Industrial partnerships like this can bring home grown technology to market more quickly and create the next generation of high value manufacturing companies in UK and globally,” notes Clyde Blowers chairman, Jim McColl.