By Nino Marchetti | 11 December 2010, 10:56 BST
In what looks to be a very major investment in the developing Scottish offshore wind power market, Mitsubishi recently announced it plans to invest up to 100 million Pounds Sterling in related research and technologies. If it is found a viable market exists for said clean energy in the area, the company could move forward in the creation of a major offshore wind turbine manufacturing site in Scotland.
As part of its initial investment in Scottish offshore wind power, Mitsubishi will at first do two tasks. One is to open what is calls the Centre for Advanced Technology in Edinburgh, an engineering facility which will front the research Mitsubishi hopes will turn into a "game changer" in the offshore space. It is also acquiring the Edinburgh firm Artemis Intelligent Power (AIP), which consists of a team of engineers and technicians specialized in hydraulic system development that could easily be used as part of the offshore wind power development process.
It was noted by Scottish Development International, which helped to broker Mitsubishi's actions, that the AIP acquisition will protect 25 jobs and create 30 new engineering positions at the firm. Over the next five years, plans are also in the works to create up to 200 jobs at the new Centre and at AIP.
"Scotland is a leader in the development of clean energy and boasts a world-class research and development base that is pioneering technologies that will have a global impact on combating climate change," said Scottish First Minister Alex Salmond in a statement. "Mitsubishi's decision to invest in Scotland demonstrates how Scotland's renewable revolution is gathering pace and that we have the quality infrastructure and skilled workforce to deliver success in this rapidly-growing industry."
Source: Earth Techling