Know what you want? Try our 'Supplier Directory' 

Extra £100m promised for renewables in Scotland

An extra £100 million funding for renewable energy in Scotland has been pledged by Chancellor George Osborne.
The money is on top of the existing budget and spending of the Scottish Government.

It is understood that an agreement reached between the UK and Scottish governments will enable the Scots to access and spend half of the Scottish Fossil Fuel Levy fund, which currently holds around £200m. The remaining £100m will be made available to support the capitalisation of the £3 billion UK-wide Green Investment Bank.

Mr Osborne said: 'It's great news that we have been able to cut through the arguments and the wrangling with the Scottish Government that have stopped this money being invested in the past. It shows how serious the UK Government is in its support for Scotland's green future.'

Chief Secretary to the Treasury Danny Alexander added: 'Scotland is a world player in renewable energy... It has huge potential for creating jobs and driving growth over the next few years.'
11 November 2011

Comments

Already Registered?
Login
Not Yet Registered?
Register

Time to book tickets for the HVR Awards 2025

While judging and voting now completed for the HVR Awards 2025, it's time to book your tickets. Go to https://hvrawards.com/book-tickets/...

  14-Aug-2025

ARDENT & FUSION: a balanced approach to electric water heating

Adveco believes a hybrid approach, which still leverages heat pumps, but to supply DHW system preheat only, is the optimal method for the delivery of water heating....

  04-Sep-2025

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards
BESA Industry Awards