Up to £33 million is being invested by power supply firm Aggreko at its facility in Dumbarton.
The initiative is being supported by a £1.5m research and development (R&D) grant from Scottish Enterprise, which will also help create 23 new jobs.
With Aggreko seeking to design and build a new range of power generators, three projects are being supported by the R&D grant;
• Expand the use of solar-diesel hybrid energy storage products
• Develop new methods to use waste heat to provide additional energy
• Create more energy-efficient diesel and gas fuel solutions
Speaking during a visit to Aggreko's Lomondgate site in Dumbarton, First Minister Nicola Sturgeon said: "Our aspiration is for Scotland to once again be the inventor and manufacturer of the innovations that shape the future. That is why our Programme for Government saw business R&D grants boosted by 70%. Therefore, I am delighted this funding is having an impact on firms like Aggreko, setting the pace for ambitious, innovative businesses all over the country.
"With 23 highly skilled jobs being created in Dumbarton and significant investment by the company, it is hugely encouraging that Aggreko regard Scotland as the perfect place for them to grow their business."
Chris Weston, Chief Executive Officer at Aggreko, said: "Power generation and energy markets are going through a fundamental change and businesses, organisations and governments across the globe are having to respond rapidly to this changing energy landscape.
"The Scottish Government has identified the need for a low-carbon economy and increased innovation as a top priority. We are delighted with the support Scottish Enterprise has shown by contributing funding towards our Future Technology initiative."
(LM)
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