Strathclyde University yesterday confirmed it is to move forward with plans for a new Technology and Innovation Centre (TIC) dedicated to advanced research on renewable energy technologies, as well as health technologies and advanced engineering, after securing £6.7m in EU funding.
The funding from Lowlands & Uplands (LUPS) European Regional Development Fund will be added to £89m of capital funding already raised for the project, enabling work on the new facility to begin.
Alex Neil, cabinet secretary for Infrastructure and Capital Investment for the Scottish government, hailed the funding award as a “substantial boost for our renewables industry”.
His comments were echoed by energy minister Fergus Ewing, who said the investment provided further evidence of Scotland’s position as one of the world’s leading renewable energy hubs.
“International corporations and domestic firms are investing for the future in Scotland’s world-leading renewables industry, and an industry report has shown that there are already 11,000 jobs in renewables in Scotland,” he said… Read more