Fife Energy Park’s flagship development.

Fife Energy Park’s flagship development, the Fife Renewables Innovation Centre, has been officially opened today (Thursday 18 April) in Methil by the Rt Hon Edward Davey MP, Secretary of State for Energy & Climate Change.

The £3m, state of the art facility is a centre of excellence for the fast moving Renewables sector offering superb, flexible and affordable business space to clients with excellent in-house support.  The centre has already beaten all its original targets, with over 50% of the units now occupied.

Officially opening the centre, Mr Davey said:

“The centre is a superb example of Fife leading the way in attracting investment, encouraging innovation and creating jobs in the renewable energy sector. This benefits both Fife as well as the rest of the UK.

“Not only is Fife responding to the fast growing demands of renewable energy, they are creating the best environment for businesses to develop.  This location on the east coast of Scotland is excellent and the facilities offered at the Innovation Centre are ideal for any investor.

“The Invest in Fife team’s hard work to secure opportunities can be seen in the range of businesses based here already at the Energy Park.”

Over 100 leading industry names in the Renewables Sector took part in a packed programme in Centre to promote the technologies being developed by tenants already in the Centre and attract new occupants.

Welcoming the Secretary of State to the new Centre, Leader of Fife Council, Councillor Alex Rowley commented on the remarkable growth of the Energy Park and the benefits it is bringing to Levenmouth, Fife and the Scottish economy.  He said:

“Methil is fast becoming a leading centre for Renewables in Scotland and the UK.  Other innovative and dynamic businesses on site at the Energy Park include BiFab, who started along in Burntisland.  Not only has BiFab been successful in securing many major offshore energy contracts, this company has shown outstanding commitment to the young people of Fife and have recently recruited 20 apprentices from the local area with support from the Council, given them prospects for an excellent future.  This has been made possible through the £5m investment we have made over the next three years in Apprenticeships, so we can grow the workforce of the future while meeting the skills needs of industry.

“There is no doubt the Fife Renewable Innovations Centre is key to future growth of our economy and I hope that other businesses grasp the opportunity to be a part of Methil’s success story.”

Fife Renewables Innovation Centre is a further expansion of the Energy Park Fife, a joint venture project between Scottish Enterprise and Fife Council and one of the fastest growing renewable energy clusters in the UK.

Since its completion in June 2012, occupancy for the Fife Renewables Innovation Centre is well ahead of projections with 52% of the units now leased against a target of 20% by the end of the financial year in March 2013.

Its impressive list of tenants includes Samsung Heavy Industries who are installing and testing a 7MW offshore wind demonstrator turbine at Energy Park Fife; Reach Engineering & Diving Services, who offer specialist access and engineering services; Hydrosphere, a leading supplier of marine navigation aids and Energy Project Management, who specialise in taking a range of renewable technologies including the Flumill tidal device from concept to commercial realisation.