22 Mar '12, 9pm

Scotland announces £103 million fund for renewables #energy #renwables

Scotland announces £103 million fund for renewables #energy #renwables

“Scotland has astounding green energy potential and vast natural resources, and we have a responsibility to make sure our nation seizes this opportunity to create tens of thousands of new jobs and secure billions of pounds of investment in our economy," Ewing said. He continued, “This fund will help us make the most of our potential. Some have called on us to increase funding for marine technologies – this fund does that, demonstrates our commitment to marine and will ensure marine renewable projects become commercial realities. It will help ensure district heating is rolled out throughout Scotland, and will support communities developing their own local renewables projects. “The fund will not replicate existing grant and loan support," Ewing added. "Instead, it will focus on investment by offering new and innovative instruments which complement existing funding routes. Th...

Full article: http://www.renewableenergymagazine.com/energias/renovable...

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