One of China’s largest turbine makers has announced plans to invest up to ￡1.5bn in a new factory in Scotland, setting up a test of the UK government’s appetite for investment from Chinese companies.
The privately owned company, based in Guangdong, said it wanted to build a factory to serve offshore wind projects in the UK, Europe and some other markets, with its preferred location being Ardersier Port near Inverness.
The announcement marks the first time Ming Yang has spoken publicly in detail about the plans, following what it described as “extensive discussions” with the UK and Scottish governments over the past two years.
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