Building work has completed on the Marine Renewables Business Park (MRBP) in Hayle.
The new business park is designed to accommodate companies in the growing marine energy sector and is built on the site of a former coal-fired power station at North Quay in Hayle, now owned by Cornwall Council.
MRBP will offer 2,500sq m of managed workspace including a two storey modern office building comprising seven offices with Superfast fibre broadband and seven light industrial units.
Hayle is already home to Wave Hub, which operates the world’s largest marine energy test site ten miles off the coast.
MRBP and Wave Hub are key elements of the Offshore Renewables Development Programme, a wider programme of work that aims to enable and accelerate the commercial realisation of offshore renewable energy within Cornwall, the Isles of Scilly and Plymouth from initial concept, through development and testing to launching the product in the marketplace.
The Devon & Cornwall division of Midas Construction won the contract to build the business park, which is part of the £24 million investment by the European Regional Development Fund (ERDF) Cornwall Council and the Government in the regeneration of Hayle Harbour.
John Pollard, councillor for Hayle North and leader of Cornwall Council, said: “This new business park will cement Cornwall’s position at the forefront of the development of marine energy, and as the local councillor I am proud to see Hayle playing such an important part in this fast-growing industry.”