28 Jan '13, 7am

Our figures show £165m invested in Scottish offshore wind despite having no consents for projects yet!

Our figures show £165m invested in Scottish offshore wind despite having no consents for projects yet!

Scotland’s energy boon continues with £165m investment in offshore wind sector 28 January 2013 New figures published by industry body, Scottish Renewables, has revealed for the first time that Scotland’s offshore wind developers have invested around £165m in the Scottish economy so far. Scottish Renewables asked its members developing offshore wind projects in Scottish waters how much they had invested in the sector to date. The results showed that £164.5m of investment has been made with a significant proportion, £65m, being invested in 2012 alone. The investment figure represents all contracts awarded by developers with Scottish companies in advance of any consents being awarded to their projects. 2012 really fired the starting gun for large scale offshore wind development in Scotland with projects representing more than 4GW (Gigawatts) of potential installed capacity, e...

Full article: http://www.scottishrenewables.com/news/scot-energy-boon-c...

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