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Blog: Congratulations to Scotrenewables on £7.6m foreign investment

First Minister Alex Salmond has welcomed the announcement that Orkney-based Scotrenewables Tidal Power Limited have finalised details of a package of foreign investment worth £7.6 million. The total investment package will fund the design, construction, installation and testing of the next generation commercial-scale Scotrenewables tidal turbine, known as the SR2000.

Attracting such investment to Scotland demonstrates the economic benefits associated with the development of a domestic marine renewables industry, and highlights the importance of public funding in influencing private investment.

For further details, visit:
Scotrenewables Tidal Power Ltd
The Scottish Government

Scottish First Minister Alex Salmond with (from left to right) John McGlynn - SRTP,  Bill McLaughlin - ABB Group,  Barry Johnston - SRTP,  Jeremy Sainsbury - representing existing investors Fred. Olsen and TOTAL & Mark Hamilton – SRTP

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EMEC CLIENTS

Alstom

Alstom

hammerfest

hammerfest

Aquamarine

Aquamarine Power

atlantis

Atlantis Resources Corporation

bluewater

Bluewater

Nautricity

Nautricity

openhydro

Open Hydro

pelamis

pleamis

scotrenewables

Scotrenewables

scottish_power

ScottishPower Renewables

seatricity

Seatricity

Sustainable Marine Energy

Sustainable Marine Energy

voith

Voith Hydro

Wello

Wello Oy

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