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23/05/2013

Fife Continues Renewable Energy Investment

Fife Council has confirmed that its Investment in Renwewable Energy projects has reached its highest level.

More than £350m has currently been invested on projects on site or that are due to be completed during 2013.

Major projects contributing to these figures include a £200m investment by Tullis Russell and RWe CHP in a biomass facility that has created 40 new jobs; Dalkia's construction of a bio energy plant at Diageo, resulting in £65m of investment and creating 20 new jobs and construction of the Little Raith and Infinis wind farms which have a generating capacity of 47,304MW and 32,850MW respectively.

At Energy Park Fife in Methil, which is a manufacturing and research zone for the renewable energy sector, there have also been major developments, with the recently opened flagship development, Fife Renewables Innovation Centre.
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It is home to Samsung Heavy Industries who are installing and testing a 7MW offshore wind turbine at Energy Park Fife over the next five years.

The £3m state-of-the-art facility is a centre of excellence for the renewables sector and more than 50% of its units are now occupied by clients.

Robin Presswood, Senior Manager, Enterprise, Planning & Protective Services said: "The level of investment by Fife companies in renewable energy is reflective of the region’s aspirations to realising its climate change ambitions.

"To put the figures into context, capital investment in renewable projects to date could reduce the regions carbon emissions by 1.8 million tonnes every year. This level of investment has the potential to make the region one of the major centres for renewable investment in Scotland and the UK."

In addition to the above, there are a number of projects, which are still in the planning stages. These include a £25m Green Energy Centre by the University of St Andrews, the development of a biomass CHP plant by Forth Energy, within the Port of Rosyth and a Fife Council proposal for a £15m anaerobic digestion plant, to be built at the Council’s Lochhead landfill site, near Dunfermline.

(JP/MH)

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