Mitsubishi Power Systems Europe Ltd (MPSE), a division of Mistubishi Heavy Industries (MHVYF.PK), plans to invest up to 100 million Pounds Sterling for the creation of an offhsore wind research center in Edinburgh, Scotland. The Japanese conglomerate will will also acquire Edinburgh R&D firm Artemis Intelligent Power (AIP).
Over the next five years, MPSE expects to create up to 200 jobs at the
new Centre and at AIP. If the technology is successful, this could lead
to the creation of a major offshore wind turbine manufacturing site in
Scotland, MPSE said.
Scottish First Minister Alex Salmond said: "Mitsubishi Power Systems Europe’s announcement of 100 million Pounds Sterling investment capitalises on Scotland’s strengths in innovation and offshore energy generation."
MPSE Chief Executive Officer Akio Fukui said: "This builds on our existing partnership with SSE on low carbon energy developments, including offshore wind, and we are very pleased to be working with the UK and Scottish Governments to turn this vision into a heavy engineering reality."
MPSE will acquire 100% shareholding in AIP, which is based in Loanhead. AIP will continue as an independent technology company.
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Well done Scotland. I hope you will consider powering your turbines by using reciprocal devices that multiply the winds strength hundreds of times prior to them rotating turbines of massive proportions. Please look up patent application pending number 1018041.2 filed 26 Oct 2010.While England and Wales are cutting their way out of trouble Scotland will be supplying them with electricity to them and the rest of the world.