SP Energy Networks has announced 13 winners of the first round of its Green Economy Fund scheme, awarding them almost £6mn in funding.
Announced on 13 November, the distribution network operator said that £1.5mn had been awarded to establish Glasgow’s first permanent electric bus routes and £2.1mn had gone to the Clyde Gateway regeneration project to create a local energy supply. Funding was also awarded to introduce a micro-hydroelectricity scheme in Saughton Park, Edinburgh.
Frank Mitchell, Chief Executive of SP Energy Networks, said: “There are many projects, large and small, which are carrying out innovative and inspiring work to expand Scotland’s green economy and accelerate local economic growth. The Green Economy Fund can provide them with the financial boost required to make great ideas a reality.”
SP Energy Networks said that applications for the second round of funding are now open, with the remainder of the £20mn fund still available to award.