Arise Plans Scottish Wind Farm as Carbon Target Lures Investors
Arise will install as many as 35 turbines at the project, its first in Scotland, the Halmstad, Sweden-based company said today in a statement. It will build the wind farm from 2016 on the Argyll Estates, comprising more than 30,000 hectares (115 square miles) of land owned by the Duke of Argyll.
Scandinavian developers are expanding abroad as governments promote wind energy to curb emissions. Scotland, which offers subsidies for wind turbines, set a goal on Jan. 29 to reduce carbon-dioxide output from electricity generation to 50 grams of CO2 a kilowatt-hour, from about 347 grams a kilowatt-hour in 2010.
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