Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
23/05/2012

Multi-Million Pound Marine Energy Fund Open For Bids

An £18m fund to help develop Scotland's first commercial wave and tidal power arrays was opened today.

First Minister Alex Salmond announced in Aberdeen that Scotland's Marine Renewables Commercialisation Fund (MRCF) is now open for bids by developers.

Mr Salmond told the AllEnergy conference that the program's first grant of £500,000 to transform a dock ten miles from Glasgow city centre will create a key manufacturing location for renewable energy.

WB Westway has secured £500,000 to support development of its 53-hectare industrial site in Renfrewshire. It will support work to dredge the dock area, create a navigable channel on the River Cart and deliver quayside improvements to allow loadings from heavy components manufactured on site for the offshore renewables sector. The improvements have the potential to accelerate wider development plans for a further 30 acres of land, with a master-plan that could see up to £70 million invested in the area over the next decade.

-- Advertisement --
NorthernAsbestosServicesLtd

The First Minister said the MRCF would help marine energy become commercially viable.

He said: "Europe’s greatest wind, wave and tidal resources are heavily concentrated in waters around these islands and Scotland is at the forefront of developing low carbon energy generation technologies. The new fund will help move the wave and tidal sector from prototype devices to commercially-viable arrays, producing increasing amounts of electricity solely from the power of the seas."

The MRCF is open for bids for two months from today and successful projects will be announced by the end of the year.

(NE)

Latest Construction News

22/11/2024

SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024

Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024

Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024

A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024

The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024

South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024

SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024

Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024

Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024

Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...
RBT Underfloor LimitedMorris & Spottiswood LtdBabbity EnvironmentalMaterials Market UK Trading LtdMartin Property Care LimitedHutton Stone Co LtdPlanning HandbookSuperglass Insulation LtdHorizon Reinforcing & Crane Hire Co LtdWhitsons Ltd
Terms and Conditions
2024/11/23 08:51:02