Energy giant Scottish & Southern, the parent company of Swalec, is to invest £7m in a renewable energy training centre, creating up to 250 jobs.
The new SWALEC Smart Energy Centre, to be based in Treforest, has been backed by £2m of business finance from the government. It is expected the site will take around six months to complete.
The new roles will include micro-generation, PV installation, a new solid wall insulation business, and an expansion of the Home Services maintenance team. It will also provide a base for the contracting division of SSE.
SSE chief executive Ian Marchant said the investment demonstrated SSE’s willingness to invest in Wales and create new jobs.
Meanwhile, Newport-based CH Bailey has returned to profit after selling a site in Malta. The industrial engineering business reported a pre-tax profit of £8.9m for the six months to September 30.