SP Energy Networks has helped create 335 direct and indirect jobs with a £20million Green Economy Fund that invests in projects across Central and Southern Scotland.
The fund has supported some of the country’s most innovative projects to support the electrification of transport networks, boost innovative low carbon heat projects and to train young people in renewable technologies. From an App Developer at Sanctus Media to Battery Installation Contractors, SP Energy Networks has supported job opportunities during one of the most challenging years in employment history.
SP Energy Networks’ Green Economy Fund has also helped create a highly-skilled green workforce of the future by supporting projects that educated 2,558 students in low carbon technologies and inspiring young people across Scotland to consider a future career in science, technology, engineering or maths.
As Scotland prepares to host the UN COP26 Climate Change Summit in Glasgow next year, SP Energy Networks has also invested in a range of other projects across Scotland to support the electrification of transport networks and boost innovative low carbon heat schemes. It has saved the equivalent carbon reduction of 18,000 trees (169tCO2e) by installing heat and electric battery units and electric vehicles funded by the Green Economy Fund have travelled the equivalent of six times around the world, 151,112 miles.
Frank Mitchell, Chief Executive of SP Energy Networks, said: “Our Green Economy Fund supports some of Scotland’s most innovative projects and through funding their vital work we’ve been able to take a giant step forward in creating a greener Scotland for everyone.
“Scotland has always been a nation of innovators and this year we supported 35 highly innovative projects. We believe in supporting our communities by investing directly in projects that deliver low carbon solutions and creating local economic benefits that come from moving to zero carbon. Our aim is to ensure no community is left behind in the transition to Net Zero.
“As the country prepares to host the COP26 climate summit next year, we share the vision for making Scotland cleaner, greener by accelerating the green economy to deliver a better future quicker for our communities.”
High profile electric vehicle and heat projects funded by the Green Economy Fund include financing five brand new 100% electric minibuses and two fully electric people carriers for Community Transport Scotland; providing 5 e-cargo bikes to SoulRiders for Scotland’s first ever integrated e-cargo bike delivery and food waste service and installing battery storage technology in around 150 off-gas homes in Dumfries and Galloway to help families in social housing save up to 70% off the cost of their energy bills each month.
To find out more about the Green Economy Fund and the projects it supports, please visit: