
A renewable energy centre that could help create 500 jobs and attract £150million of investment has cleared its final funding hurdle.
The Technology & Innovation Centre at Strathclyde University will help to develop renewable energy devices, as well as pharmaceuticals, engineering and health technologies.
The European Regional Development Fund has provided the final £6.7million required to allow the project to proceed.
It has secured capital funding of £89million from a range of partners including Scottish Enterprise and the Scottish Funding Council. It has also attracted Scottish & Southern Energy, the Weir Group, Scottish Power and several other cross-sector industrial partners.
The university, alongside industry partners, aims to more than double the scale of research investment, from £70million to more than £150million over the next five years and create up to 500 research, technology and engineering jobs.