THE largest shipbuilding company in the world is exploring opportunities to build floating offshore wind turbines in the Highlands.
HIE and Scottish Enterprise signed the MoU with the company in Edinburgh on Tuesday, committing each other to pursue opportunities for floating offshore wind projects in Scotland.HD Hyundai Heavy Industries is a major manufacturer of equipment such as the floating substructures that form a critical part of the multi-billion-pound offshore wind supply chain.
"We’re seeing growing interest in our region from overseas investors looking at opportunities to establish operations here, the most recent of course being the plans by Japanese company Sumitomo Electric Industries Ltd . It also follows the announcement by the First Minister of strategic investment of up to £500 million over the next five years to unlock private investment in ports, manufacturing and assembly work to anchor the offshore wind supply chain in Scotland.She added: “Scotland’s offshore wind sector is key to our transition to net zero and this partnership is the next step forward in realising the economic opportunities from our floating offshore wind potential.