19/04/2012
Scottish Off Shore Wind Project Scrapped
A project that would have created hundreds of jobs for Scotland’s offshore wind sector has collapsed after a major foreign investor pulled out.
Doosan, the Korean investor, has blamed deteriorating confidence in the offshore wind market for its decision.
The scrapping of the plan come just 12 months after Doosan Power Systems announced plans for a research centre and turbine factory in Renfrew, including the construction of a £170m "centre of excellence".
The company, whose plans were unveiled by First Minister Alex Salmond last year, said it had told the Scottish government and its customers four months ago of its decision.
However, no public statement was issued until the news emerged at an industry conference in Denmark on Wednesday.
Doosan said it had decided in December to withdraw its plans for developing offshore wind turbines in Scotland "in light of the overall economic conditions and liquidity issues in Europe".
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It added: "However, the company remains committed to working in Scotland and the UK as a whole, as demonstrated by our continual investment in technology and product development as a global centre of excellence for the Doosan Group.
"We also continue to fully support the development of clean energy solutions.
"We informed the Scottish government and potential customers at the time. We were not prevented by the Scottish government from releasing the news."
(H)
Doosan, the Korean investor, has blamed deteriorating confidence in the offshore wind market for its decision.
The scrapping of the plan come just 12 months after Doosan Power Systems announced plans for a research centre and turbine factory in Renfrew, including the construction of a £170m "centre of excellence".
The company, whose plans were unveiled by First Minister Alex Salmond last year, said it had told the Scottish government and its customers four months ago of its decision.
However, no public statement was issued until the news emerged at an industry conference in Denmark on Wednesday.
Doosan said it had decided in December to withdraw its plans for developing offshore wind turbines in Scotland "in light of the overall economic conditions and liquidity issues in Europe".
Continue reading the main story
It added: "However, the company remains committed to working in Scotland and the UK as a whole, as demonstrated by our continual investment in technology and product development as a global centre of excellence for the Doosan Group.
"We also continue to fully support the development of clean energy solutions.
"We informed the Scottish government and potential customers at the time. We were not prevented by the Scottish government from releasing the news."
(H)
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.