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Mitsubishi invests £100m: Offshore grid signed

Thursday 9th December 2010
Courtesy: http://www.scotland.gov.uk/Topics/Business-Industry/Energy/Infrastructure/north-sea-grid

Mitsubishi Power Systems Europe Ltd (MPSE) is to invest up to £100m in an engineering facility in Edinburgh, to carry out R&D into offshore wind turbine technology and as part of its plan is acquiring Artemis Intelligent Power. The development comes contiguously as Belgium, Denmark, France Germany, Ireland, the Netherlands, Norway, Sweden and the UK sign up to the North Seas Countries Offshore Grid Initiative.

Reporting both stories Science Business  quotes (right) Christian Kjaer, CEO of European Wind Energy Association saying the grid was "crucially important to harness the enormous potential of offshore wind power and to achieve Europe’s climate and energy goals." It was in December 2009 that the proposed Offshore grid got its nine takers.

Artemis IP is an Edinburgh University spin-out, that developed lightweight wind turbine transmission technology with potential to produce robust power transfer systems, making wind turbines cheaper to build and maintain replacing unreliable, maintenance-intensive gearboxes with computer-controlled hydraulic transmission systems.

The Centre for Advanced Technology in Edinburgh will progress green energy technologies, including wind turbines, towards mass production.

MPSE CEO Akio Fukui (right) said the investment builds on existing partnerships on low carbon energy developments, including offshore wind, that the company has in Scotland.

Atsushi Maekawa (left) VP of Mitsubishi Heavy Industries (MHI), said, “0ur plans for R&D in Scotland marks another significant milestone for Mitsubishi in developing market-leading low carbon energy generation products.”

Win Rampen, Artemis MD said "Drawing on the breadth and depth of MHI expertise and skills, [we] look forward to accelerating our R&D work with a view to our technology being used in turbines in UK and European waters by 2015.”

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