Scottish Business Update: Delays in Ferry Delivery, Hydro Storage Project Milestone, Green Hydrogen Bus Plans, and Entrepreneurship Funding
Key Ideas
  • Delivery of a ferry for the Scottish public fleet from Turkey is delayed due to global supply chain issues, with new delivery expected by year-end.
  • Completion of an exploratory tunnel at the Coire Glas hydro storage scheme marks progress towards delivering power for three million homes in Scotland.
  • Logan Energy secures a significant order to supply green hydrogen fueling equipment for buses in the Czech Republic, supporting zero-emission transport.
  • The Scottish government launches an entrepreneurship funding program to encourage young individuals to consider business ownership as a career path.
The article provides updates on various business developments in Scotland. Firstly, a ferry delivery to the Scottish public fleet from a Turkish shipyard has been delayed due to global supply chain issues, with the vessel now expected to arrive by the end of the year. In the energy sector, an exploratory tunnel for the Coire Glas hydro storage project in the Highlands has been completed, marking a significant milestone in the development of a scheme that could power three million homes for 24 hours. Additionally, Logan Energy, based near Edinburgh, has secured a major order to supply green hydrogen fueling equipment for buses in the Czech Republic, supporting environmentally friendly transportation. The article also highlights a personal trainer in Dunfermline who purchased the Wee Gym with support from the British Business Bank, showcasing success in small business ownership. Finally, the Scottish government has launched a funding program to encourage young people to consider entrepreneurship, aiming to diversify the talent pool and foster the growth of new businesses in the region.
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