Finance & Investment
Scottish firm SSE plc has confirmed a £7 billion investment in major low-carbon construction projects over the next five years - equating to a daily spend of £4 million pounds.
Finance & Investment
The Scottish government has announced a £62 million fund to support businesses in the energy, oil, and gas sectors over the next five years, as part of the country's recovery plans from the COVID-19 pandemic.
Crown Estate Scotland has announced the launch of the first round of offshore wind leasing in Scottish waters for a decade.
Edinburgh-based start-up Gravitricity has signed a land rental agreement with Forth Ports to build their first demonstrator on land within the Port of Leith. Works is set to begin on the £1 million ($1.22 million) project in October, with plans for operations to begin in December.
Macquarie’s Green Investment Group (GIG) and Scottish offshore wind developer Renewable Infrastructure Development Group (RIDG) will partner to compete in ScotWind - the next round of seabed leasing for offshore wind development off the Scottish coast, due to be launched by Crown Estate Scotland.
Work has begun on a 30-tonne wave machine which will take to the seas this Autumn. Fife-based fabricators AJS Production Ltd will begin fabrication of the 20-metre long Blue Star wave energy converter, designed by Edinburgh start-up Mocean Energy.
Researchers from the University of Aberdeen have discovered a new family of chemical compounds that could revolutionise fuel cell technology and help reduce global carbon emissions.
More than 200 Scottish investors have contributed to the £15 million invested since 2017 to help African communities gain access to clean energy, and boost efforts in the fight against climate change.
Malin has won the contract, offered by AWS Ocean Energy, to install a half-size version of their Archimedes Wavesing power generator.
Policy & Regulation
Investing in Scotland’s contribution to climate change is at the heart of the Scottish Government’s tax and spending plans for the year ahead according to the country’s 2020-21 budget.
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