£2.8 billion renewable energy investment in Scotland

Scottish Development International has reported that Scotland’s renewable energy industry has attracted £2.8 billion capital investment since 2009.

Onshore wind accounts for 57 percent of total investment with 21 percent going to offshore wind. The rest of the investment has been deivded between wave and tidal energy, solar photovoltaic, hydro energy, landfill gas and biofuels.

Niall Stuart, chief executive of Scottish Renewables said “These figures show Scotland’s renewables industry is very much bucking the economic trend.  During the downturn our industry has delivered some £2.8bn of much needed capital investment in our economy.  This has helped to grow the supply chain, secure the future of many companies and support more than 11,000 jobs”

 

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