First Minister John Swinney has announced a £5 million grant to accelerate the development of a landmark green energy project in Orkney.
The funding is part of a broader strategic investment package worth up to £500 million, which will be distributed over five years to strengthen Scotland’s offshore wind supply chain.
The project centres on creating a major new renewables hub at Scapa Flow, which aims to boost Scotland’s renewable energy capabilities while creating local jobs and attracting further investment.
Swinney announced the cash as he made his first visit to Orkney since becoming First Minister last year.
“Accelerating Scotland’s offshore wind capabilities is crucial as we prioritise maximising Scotland’s vast potential in renewable energy,“ he stated.
“Not only are we striving to take our place at the forefront of the global green energy revolution, investments like this help us guarantee a just transition for our existing skilled workforce, maintaining their vital role in Scotland’s energy landscape.
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“This landmark project will help attract private investment in the area, creating new highly paid jobs and unlocking enormous economic opportunities for the Orkney Islands and Scotland as a whole.”
The announcement represents a significant step forward for Scotland’s renewable energy sector, with the Orkney facility positioned to become a key component in the nation’s green energy infrastructure.
This investment demonstrates the Scottish Government’s commitment to developing offshore wind capabilities, with the Orkney project expected to play a crucial role in Scotland’s renewable energy future.
