PLANS for a green hydrogen hub in the Highlands were revealed this week, with developers hailing the move as a major boost to ambitions to decarbonise the Scottish economy.

The North of Scotland Hydrogen Programme, unveiled today, aims to create a hub in the Port of Cromarty Firth to produce, store and distribute green hydrogen.

It aspires to provide energy not just for the region but to the rest of Scotland, elsewhere in the UK and Europe.

READ MORE: One of its first projects will be to examine the possibility of powering distilleries across the region with the emerging renewable power. Green hydrogen is created through the electrolysis of water using equipment powered by electricity generated from renewable resources.

HeraldScotland: How some of the homes might look.How some of the homes might look.

Homes to be built on derelict sites in Glasgow

GHA, part of Wheatley Group, has unveiled plans to transform two derelict sites on Glasgow's south site - bringing 48 new affordable homes to the city.

READ MORE: The new homes in Carnwadric and Pollok will all be for social rent, GHA said. GHA chair Bernadette Hewitt said the new developments, being built by contractor CCG, would "provide much-needed affordable housing" in these areas.

HeraldScotland: New hospitality facility.New hospitality facility.

Scottish holiday park in major expansion

A holiday park is completing a multi-million pound expansion amid expectations the coronavirus crisis will trigger a boom in staycations and increased interest in country pursuits.

READ MORE: The owners of Westlands Country Park in Dumfries and Galloway are more than doubling the number of lodges on the site and developing new facilities for guests, which will include a gun room.

HeraldScotland: Nucleus Financial chief executive David FergusonNucleus Financial chief executive David Ferguson

Offer for Edinburgh fintech sparks jobs concern

Employees of Nucleus Financial have said they are opposed to the proposed £145 million takeover of the Edinburgh-based financial technology firm amid “significant anxiety” about the impact on jobs.

READ MORE: Nucleus directors last month recommended shareholders accept a 188p per share cash offer for the investment platform specialist from a rival business, James Hay Holdings.

HeraldScotland: One of the projects, at Gatwick Airport.One of the projects, at Gatwick Airport.

Ayrshire steel firm buys East Kilbride crane maker

A steelwork specialist has hailed the acquisition of a crane manufacturing company and a planned £6 million investment in the site.

READ MORE: J & D Pierce expects to create about 100 jobs in late 2021 after buying out the former Konecranes factory in South Lanarkshire.

HeraldScotland: Aggreko provides temporary power solutions to customers around the worldAggreko provides temporary power solutions to customers around the world

Aggreko agrees £2.3 billion takeover deal

Aggreko has agreed to be taken over by private equity players TDR Equity Capital and I Squared Capital in a cash deal worth £2.32 billion.

READ MORE: Ken Hanna, chairman of the Glasgow-based temporary power specialist, declared that the deal “represents an attractive price in cash that fairly recognises Aggreko’s future prospects".

Opinion

Kristy Dorsey: Decision day for furlough

Scott Wright: Travails of Horse Shoe bar owner

Ian McConnell: Budget 2021: Vaccine success puts wind in Sunak sails, but Chancellor omitted some key points

Ian McConnell: Brexit — Is UK Government washing its hands of its mess?

Mark Williamson: Does sale of Standard Life brand by giant bode ill for Scotland’s once mighty pensions industry?

Brian Donnelly: Workers fall through protective net

Features

Monday Interview: Turning up the temperature on carbon-neutral solutions

SME Focus: Fife homewares firm highlights challenge for exporters

From the Bulletin: Business leaders toast US Scotch whisky tariff suspension​

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