SP Energy Networks invests £10m in Scotland’s green economy

Twenty-one Scottish projects have been awarded a share of £10 million from SP Energy Networks' Green Economy Fund.

SP Energy Networks invests £10m in Scotland’s green economy

The funding announcement will see the network operator support a range of innovative projects, from e-bike hire schemes and electric bin lorries, through to a micro heat network and community hydropower station.

The Green Economy Fund was established in 2018 to support projects that will ultimately help the Scottish Government in reaching its green targets, which aim to boost local economic growth, improve air quality in our cities and deliver a better future, quicker for our communities. The fund does this by helping projects that promote low-carbon heating, low-carbon transport, or the education of Scotland’s workforce for a greener future.

Frank Mitchell, chief executive of SP Energy Networks, said: “We are delighted to recognise some of Scotland’s greenest and most innovative projects by awarding them funding to further their vital work.

“Scotland has always been a nation of innovators and today we are recognising 21 incredibly innovative projects. We believe in supporting our communities by investing directly in projects that deliver low carbon solutions and also create the economic benefits locally that can come from driving to zero carbon.

“At SP Energy Networks, we share the Scottish Government’s vision of making a cleaner, greener Scotland by accelerating our green economy in order to deliver a better future quicker for our communities.”


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