Tuesday 5 June 2012

£8bn green investment to create total of 8000 jobs

The table, compiled by the Department for Energy and Climate Change (DECC), currently puts Scotland second behind Yorkshire with confirmed announcements to date of £1.7bn, creating 4411 jobs.

Yorkshire, said DECC, has so far attracted the greatest amount of investment in renewables – £1.9bn, with another £1.8bn in the pipeline.

However, DECC pointed out that – in terms of investment value – Scotland is about to see a huge injection of £8bn, adding another 3313 jobs to the 4411 people already employed in the industry north of the Border.

Forthcoming projects include a plan by Spanish firm Gamesa to invest up to £122 million in developing a new offshore wind hub at Edinburgh's Port of Leith.

DECC said in the financial year to April, renewable energy firms unveiled plans to invest almost £7bn across the UK, supporting 20,848 jobs.

Last year, Scotland produced a record amount of renewable electricity, amounting to more than a third of its gross domestic consumption.

This exceeded the Scottish Government's 2011 target of 31%.

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