Several newspapers reported this week that Mitsubishi has taken over the Scottish renewable energy technology company Artemis Intelligent Power. The Japanese company has said that the move will lead to an investment of £100m over 5 years and an additional 200 green jobs.
Artemis, described by the Carbon Trust as “the leading light in the UK’s clean tech revolution” has developed new controllable hydraulic pumps and motors. Artemis Wind is developing the technology to be used in wind turbine transmissions.
Managing Director of Artemis Win Rampen said: “This marks a huge step forward for the development of our game-changing technology. Drawing on the breadth and depth of Mitsubishi’s expertise and skills, AIP look forward to accelerating our research and development work with a view to our technology being used in turbines in UK and European waters by 2015.”
A new ‘Centre for Alternative Technology’ is also planned by Mitsubishi and has been welcomed by the Scottish government. First Minister Alex Salmond said: “As well as delivering new jobs and investment, over the long-term this announcement could result of the creation of a major offshore wind turbine manufacturing site in Scotland.”
The good news is that renewable energy continues its rapid growth in Scotland, which is an area of activity where Blackadders are increasingly being instructed. Please contact me at email@example.com or call me on 01382 342110 for any advice or information on renewable energy and find out how we can help you.
- £100m for Scottish energy centre (bbc.co.uk)
- Mitsubishi to Invest 100M Pounds Sterling in Green Energy Centre in Scotland (prnewswire.com)