German Firm Chooses Scotland
2009 saw 356 Clean Tech deals totalling $4.85 billion, down from around $8 billion in 2008 -understandable given the prevailing market conditions. What is encouraging, however, is that the number of deals has increased whilst the monetary investment has declined, helped by an increase in funding for start-ups and small businesses.
We start 2010 with the news that the EEW Group, a German Renewable steel pipe manufacturer based in Erndtebruck, has announced that it plans to create a €20-30bn manufacturing site in Scotland.
The site will be used to produce steel pipes needed for offshore wind farms and although the site’s location has yet to be confirmed, Fife Energy Park is tipped to be a serious contender. Fife Energy Park, a 54-hectare site offering over 500,000 square metres of industrial space is a joint venture between Scottish Enterprise and Fife Council with Scottish Enterprise and the SDI providing much support for this new investment. EEW said that although it could not confirm the full details, it may provide 150 new jobs and open in the next twelve months.
A spokesman for Scottish Enterprise/Scottish Development International said, “This is really welcome investment for Scotland and we are keen to continue discussions with the company to identify their plans for the new operation.”
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We have a vision that Scotland can be a global pioneer in the Cleantech and Renewable Energy industry.
A key way to support this is to build a community, a hub, where those with common interests and expertise can collaborate freely. Cleantech Scotland will be this hub.