The Scottish government has launched a green investment portfolio including plans for developing Hunterston port (pictured) in Ayrshire to serve the floating offshore wind industry. Hunterston Port and Research Centre (PARC) is seeking between £10m and £30m from an investment partner to develop infrastructure to support floating wind construction and oil sector asset decommissioning and recycling. The site, owned by Peel Ports, is also seeking up to £100m of investment in developing onsite power generation through the scheme, and said this could include waste-to-energy, biomass, hydrogen/gas or solar. The Green Investment Portfolio promotes market-ready projects that will help Scotland transition to a net-zero economy by 2045 and are seeking private capital. The scheme’s initial launch includes ten opportunities worth £1.16bn with the portfolio planned to be expanded over time to be worth £3bn.
renews 9th Sept 2020 read more »