R&D grant boost for Scotland’s Aggreko

April 4, 2018

Aggreko UK, the Glasgow-based temporary power equipment supplier, has been awarded a grant from the Scottish Government that will see the company invest GBP33 million ($46.5m) in its Dumbarton facility and create 23 new jobs.


The GBP1.5m grant from the Scottish Enterprise agency is to support Aggreko’s design and construction of a new range of power generators that will be “more efficient, have significantly lower emissions and utilise cheaper and alternative fuels”.


According to Scottish Enterprise, the grant will underpin three projects involving expanding the use of solar-diesel hybrid energy storage products, developing new methods to use waste heat to provide additional energy and creating “more energy-efficient diesel and gas fuel solutions”.


Aggreko CEO Chris Weston said the company, which describes itself as the global leader in the rental of power and temperature control systems, is "entering the world’s third ‘great energy transition’ with businesses, organisations and governments across the globe having to respond rapidly to the changing energy landscape".


Earlier this year, Aggreko said it had formed a joint venture company with China’s Shanghai Yude to supply backup power equipment in Shanghai. Aggreko has a 21.5% stake in the joint venture— Shanghai Yude Aggreko Energy Equipment Rental Company.


Pictured is Scotland’s first minister Nicola Sturgeon (centre) with CEO Chris Weston and Linda Hanna, MD of Scottish Enterprise.

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