United Kingdom

United Kingdom

£165m invested in Scottish offshore wind

Scottish Renewables' figures illustrate industry confidence

Offshore wind developers have invested around £165m (€198m) to date in the Scottish economy, figures published today by Scottish Renewables reveal.

The figures relate to contracts awarded by developers to Scottish companies in advance of the project being consented. Developers active off Scotland invested £65m last year alone.

Lindsay Leask, senior policy manager for offshore renewables at Scottish Renewables, said the levels of investment showed the confidence that developers have in Scotland’s offshore wind sector.

Andy McDonald, renewables director at Scottish Enterprise added: "These latest figures underline the progress made to date in getting initial projects off the ground and creating opportunities for Scottish businesses entering the offshore wind supply chain."

Conservation charity, WWF, welcomed the figures. WWF Scotland director, Lang Banks, said: "Scotland is gaining new investment and jobs from its growing offshore wind industry. Wind power works, it cuts emissions and creates jobs."

Scotland has more than 5GW of offshore wind in development, but very little capacity has been installed to date. The flagship 1.5GW Argyll Array project was put on hold late last year due to environmental concerns.

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