Construction of the Clyde wind farm in Lanarkshire, Scotland will go ahead after a last-minute deal saw production resume.
Last week Denmark-based firm Skykon filed for bankruptcy, putting a wind turbine factory in Scotland in administration and putting plans for the large-scale wind farm in jeopardy.
However, Siemens has signed a deal with administrators Ernst and Young to complete the production of 30 wind turbine towers, which will generate a total 69MW at the site owned by Scottish and Southern Energy, WindPowerMonthly.com reported.
The renewable energy farm could help the Scottish government reach its targets to generate 50 per cent of its electricity from renewables by 2020, with an interim goal of 31 per cent by 2011, the news provider stated.
Welcoming the move, first minister Alex Salmond said: "Of course, the next task is to establish long-term investment to secure the future of the site.
"Ministers, Highlands & Islands Enterprise and Scottish Development International have been working hard behind the scenes with Ernst & Young and Siemens to help bring about today's positive development."
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