An American tidal power company has announced plans to establish operations in Scotland.
First Minister Alex Salmond, who is in the United States for Tartan Week celebrations, said the decision by ResHydro to invest in Scotland shows the country is "leading the way" in developing marine renewables technology.
The company will be supported by a £100,000 award from Scottish Enterprise and will work in partnership with the University of Strathclyde.
Establishing a base in Scotland will allow the firm to develop its hydrokinetic energy generation device that requires further development to take it closer to commercialisation.
Mr Salmond said: "Scotland has an incredible wealth of energy resources and is leading the way in the development of marine renewables technology.
"ResHydro's decision to invest in Scotland and work in partnership with one of our leading universities to further their research and development plans is testament to that."
Anne MacColl, chief executive of Scottish Enterprise's international development arm, said: "Scotland is already punching well above its weight when it comes to attracting high- quality inward investment, and ResHydro's decision to locate here is testament to this continued success."
Samuel Lewinter, chief executive of ResHydro, said: "We are pleased to have the opportunity to open our Scottish subsidiary, where we will have access to signi-ficant expertise and where market conditions will contribute to the most expeditious commercialisation of our technology."
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