Iberdrola gets go-ahead for Scottish wave power plant

MADRID, Sept 28 (Reuters) Iberdrola has been given the go-ahead to build the world's biggest wave power plant off the coast of Scotland, the Spanish utility said on Friday.

In a statement Iberdrola said it has got approval from the Scottish parliament to build a 3 megawatt plant costing 14 million euros (.9 million) off the Orkney Islands.

Iberdrola, which prides itself on its pipeline of renewable energy projects, said the complex would be made up of four floating generators, each of them 160 metres long. Work is due to start in 2008 and the plant will go on line in 2009.

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