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Aggreko announces £33 million innovation project
Aggreko, the global provider of modular, mobile power, has announced a new £33 million innovation programme to develop its next generation of power product solutions in Scotland.
The three-year Future Technology Initiative will create 23 highly skilled research and development jobs.
Aggreko has received a £1.5 million grant from Scottish Enterprise to help fund development of their renewables offering with a particular focus on solar-diesel hybrid solutions & energy storage, more efficient engine technology and the introduction of waste heat recovery all with the purpose of reducing the cost of energy for communities and industries around the world.
Chris Weston, CEO of Aggreko, said: “Power generation and energy markets are going through a fundamental change and businesses, organisations and governments across the globe are having to respond rapidly to this changing energy landscape.
“With an increasingly decentralised energy system and the urgent need for cleaner fuels, which require integration and control, it is necessary that companies innovate and invest.
“The Scottish Government has identified the need for a low-carbon economy and increased innovation as a top priority. We are delighted with the support Scottish Enterprise has shown by contributing funding towards our Future Technology initiative.”
The initiative will cover 15 individual projects, covering three key technology areas:
1 – Delivering greater proportion of renewables and, more sustainable power: expansion of the company’s solar-diesel hybrid plant and energy storage offerings.
2 – Investing in control systems and automation to improve efficiency: development of advanced new control systems to allow integration of renewables and battery storage technology.
3 – Improve engine efficiency: through the development of more efficient diesel and gas fuel solutions, which will allow our existing technology to efficiently use propane and other types of gas.
The new products will be developed and manufactured at Aggreko’s Manufacturing & Technology facility at Lomondgate, Dumbarton.
Constructed specifically for Aggreko in 2012, the Lomondgate Facility employs over 240 people. The products manufactured are deployed all over the world, including remote villages in the Amazon and gold mines in Western Australia.
Scotland’s First Minister Nicola Sturgeon added: “With 23 highly skilled jobs being created in Dumbarton and significant investment by the company, it is hugely encouraging that Aggreko regard Scotland as the perfect place for them to grow their business.
“As our new Energy Strategy sets out, it is crucial that we find new ways to ensure energy is produced efficiently, and integrates renewable and low carbon technology – as is the case with these developments by Aggreko.”
Linda Hanna, Managing Director, Scottish Enterprise concluded: “Aggreko is already a world leader in providing temporary power systems, but it is their forward-thinking, innovative approach which will keep them there. The company has identified three early stage, highly innovative projects which have the potential to deliver significant competitive advantage.
“By bringing our support to these projects we can help Aggreko maximise its innovation, continue to anchor itself in Scotland and further increase Scotland’s reputation as a global energy hub. I wish Aggreko every success with its ambitious plans and look forward to continuing to work together to deliver its full growth potential.”