Japanese conglomerate Mitsubishi is to set up a £100m offshore wind research centre in Scotland.
The deal, announced this morning, will create up to 200 jobs at the facility being built in Edinburgh by Mitsubishi Power Systems Europe.
The company is also to acquire Edinburgh firm Artemis Intelligent Power, an engineering technology firm whose staff will be deployed at Mitsubishi’s Centre for Advanced Technology.
First Minister Alex Salmond unveiled the deal today and said it “capitalises on Scotland’s strengths in innovation and offshore energy generation”.
He added that “this announcement could result of the creation of a major offshore wind turbine manufacturing site in Scotland”.
MPSE chief executive Akio Fukui said: “The successful development of this technology will make Britain/Scotland a key player in the offshore wind supply chain, potentially leading to the development of manufacturing capacity delivering to the Scottish, UK and European markets.”
He added: “The first Japanese naval vessel was built in Aberdeen in the late 1800’s, and now the first game-changing offshore wind turbine will be built here too.
Lena Wilson, chief executive of Scottish Enterprise, said the deal “cements Scotland’s position as the preferred location for groundbreaking offshore wind turbine research and development”.