Salmond opens SSE's Clyde wind farm
Clyde farm, the wind farm owned by SSE, is now officially open after Scotland's First Minister, Alex Salmond, cut the ceremonial ribbon.
Clyde farm, the wind farm owned by SSE, is now officially open after Scotland's First Minister, Alex Salmond, cut the ceremonial ribbon.
It is one of the largest single consented wind farms in Europe and is SSE's largest onshore wind project.
The 152 turbines at Clyde wind farm are split into three sections with a total installed capacity of 350 megawatts, capable of producing enough energy during a year to meet the needs of around 280,000 homes. The project is situated between Biggar and Moffat occupying around 47 square kilometres.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Scotland has astounding green energy potential and vast natural resources. Harnessing this through renewable energy offers the prospect of tens of thousands of new jobs and billions of pounds of investment in our economy - nothing less than the reindustrialisation of Scotland," Salmond said.
"Quite apart from the jobs and economic benefit being created through SSE's 350 megawatt wind farm, almost £22m will be ploughed into communities across South Lanarkshire, the Borders and Dumfries and Galloway over the next 25 years from their profits," Salmond said.
JH
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Invest like a tortoise, not a hare to avoid market volatility
Opinion Hassan Raza, Portfolio Manager at CG Asset Management, highlights three favourite investment companies
-
Should I get a financial adviser?
Getting a financial adviser could be the best investment you make, but who really needs one and do they add any value?