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A project that would have created hundreds jobs in Scotland's offshore wind sector has been scrapped after a major foreign investor pulled out

Korean company Doosan blamed deteriorating confidence in the offshore wind market for its decision.It comes just 12 months after the firm announced plans for a research centre and turbine factory in Renfrew.

The plans had included the construction of a £170m "centre of excellence".The company, whose plans were unveiled by First Minister Alex Salmond last year, said it had told the Scottish government and its customers four months ago of its decision.

However, no public statement was issued until the news emerged at an industry conference in Denmark on Wednesday.

Source: BBC News

Written by Scott Buckler
Thursday, 19 April 2012 8:08

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