GALWAY, IRELAND -- (Marketwire) -- 02/24/11 -- Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) -- Scotland is looking to make the most of its forested land by opening the gates to wind energy companies to install up to 500 megawatts (MW) worth of windfarms in the coming years. The scheme is being spearheaded by the Forestry Commission Scotland (FCS), which has allocated five lots of land to different energy companies, which will investigate them for the construction of windfarms of more than 5 MW. With a proposed target of 500 MW, the new windfarms could generate enough power for approximately 270,000 homes.
The winning companies are ScottishPower Renewables (Glasgow), which is part of Iberdrola SA (PINKSHEETS:IBDRY) (Bilbao, Spain); PNE Wind AG (FRA:PNE3) (Cuxhaven, Germany); Fred Olsen Renewables (FOR) (Oslo, Norway); and the U.K. arm of energy giant E.ON AG (PINKSHEETS:EONGY) (Dusseldorf, Germany), which has secured two of the five lots. In addition, projects of less than 5 MW across all lots will be handled by ScottishPower Renewables.
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