Posts Tagged ‘investment’

Scotland’s First Minister persuades French Firm to move to Aberdeen

{ Posted on Mar 03 2010 by MaxC }
Further to yesterday’s article reporting the news of Alex Salmond’s push to marry French energy giants with Scotland’s renewable potential; we welcome the announcement that following a meeting with Mr Salmond yesterday, Technip – a French energy company – will ...Read More »

A great day for Marine Renewables

{ Posted on Feb 04 2010 by MaxC }
We welcome the news that Aquamarine Power, Pelamis Wave Power and Hammerfest Storm UK have all won sizeable funding from the Carbon Trust to help prove the commercial viability of marine renewables. Aquamarine Power, based in Edinburgh, has been awarded £5.1m ...Read More »

Families could earn up to £1,000 a year by installing renewable solutions

{ Posted on Feb 02 2010 by MaxC }
We welcome the news published in the Scotsman today that households will be paid cash rewards for investing in small-scale renewable energy generation devices, such as wind turbines, hydro schemes and PV solar panels. From 1st April households that use renewable ...Read More »

BT counts on the breeze in “Wind for Change”

{ Posted on Jan 28 2010 by MaxC }
BT has given the green light to its “Wind for Change” project, aimed at producing twenty five per cent of its energy requirements from renewable installations by 2016.  The project is currently exploring suitable on-shore wind sites in Orkney and ...Read More »

Argyll set for wind turbine boom

{ Posted on Jan 25 2010 by MaxC }
Welcon Towers (part of the Skykon group); an Argyll-based onshore wind turbine manufacturer has released a statement outlining its plans to start production of offshore wind turbines towers in an old Vestas factory in Machrihanish, creating around 300 jobs. The company ...Read More »

Ofgem approves new investment in connecting Renewables to Power Grid

{ Posted on Jan 19 2010 by MaxC }
Ofgem have announced that they will allow electricity transmission companies to spend an additional £319m on upgrades to connect renewable energy sources.  The electricity companies are expected to spend around £5bn in transmission projects over the next ten years.  Most ...Read More »

Baillie and Rothes wind farms approved

{ Posted on Jan 13 2010 by MaxC }
The Scottish Government has approved two new wind farm projects capable of generating about 150MW – enough for around 45,000 homes – in Rothes and Baillie. The existing Rothes wind farm has had its planned expansion approved, more than doubling ...Read More »

SMart Wind awarded 4GW rights to Hornsea Zone by the Crown Estate

{ Posted on Jan 12 2010 by MaxC }
SMart Wind consortium involving Simens Project Ventures (SPV) and Mainstream Renewable Power has been awarded the Hornsea area for the development of a 4GW wind farm in the latest round of the Crown Estate’s offshore wind program. The Hornsea zone – ...Read More »

Europe unites to build new renewable ‘Supergrid’

{ Posted on Jan 05 2010 by MaxC }
In what has been touted by many as the European ‘Supergrid’, it has emerged this week that initial plans made by Scotland with Norway to create a renewable energy grid have now been deemed to be a good idea by ...Read More »

SubOcean Secures £42m Investment

{ Posted on Dec 22 2009 by MaxC }
SubOcean, a Scottish company based in Aberdeen, has won £42m of funding for overseas expansion.  Lloyds Development Capital (LDC) – Lloyds Banking Group’s private equity division – will fund £17m; with HSBC funding the remaining £25m. SubOcean employs 90 people and ...Read More »