April 19 2012

Korean energy supplier Doosan Power has dramatically pulled out of the offshore windfarm market in Scotland, citing deteriorating confidence in the sector for its decision.

The U-turn comes just 12 months after plans for the £170m offshore renewables project were first announced by the Scottish Government.

It would have included a research centre in Renfrew which could have employed up to 200 people.

In a statement Doosan said their exit was sparked by “economic conditions and liquidity issues in Europe”, but added: “However, the company remains committed to working in Scotland and the UK as a whole, as demonstrated by our continual investment in technology and product development as a global centre of excellence for the Doosan Group.”

The move is good news for Donald Trump however, who is presently battling a much smaller development of 11 turbines off the coast of Aberdeen.

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