Ocean Winds and Aker to invest in Scottish renewable energy supply chain

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Ocean Winds and Aker Offshore Wind have announced an initial investment of $ 310m (£ 235m) to support the renewable energy supply chain in Scotland.

The set is part of their joint offerings for ScotWind’s offshore leasing process and for building supply chain capacity in Scotland long before the emergence of floating offshore wind farms in the country’s deep waters.

The latest move is expected to transform Scotland into a green industrial powerhouse.

Aker Offshore Wind noted that the first investment program would facilitate the ‘just transition’ of the fossil fuel industries by creating new jobs and economic opportunities, while helping Scotland reduce the costs of producing renewable energy through to new technologies.

In September of this year, Ocean Winds and Aker Offshore Wind submitted proposals to build three offshore wind facilities in the Outer Moray Firth with a capacity of 6 GW and an investment of up to $ 19.8 billion (£ 15 billion sterling) for all three sites.

Each of their proposals is expected to generate more than 5,000 jobs and 200 apprenticeships in Scotland at all stages of the project.

The business investment program also includes baseline, feasibility and implementation studies with selected manufacturers seeking to establish or upgrade facilities in the country.

This would provide facilities for the fabrication and assembly of floating platforms.

Currently, over 30 MoUs have been signed across the supply chain to support these offerings.

Aker Offshore Wind UK Managing Director Sian Lloyd-Rees said: “Building on our 180-year industrial heritage, we know that early investment is needed if we are to have Scottish capabilities built ahead of the phase of development. ” execution of the project when competitive bidding on a global scale is sought.

“Scotland may be one of the first countries to develop floating wind power on a large scale. If we focus on the needs of our supply chain and deliver them now, we can take advantage of the first mover advantage for our supply chain in a number of different technologies and solutions.

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