A STATE-OF-THE-ART energy park - which will inject more than pounds 130million into the economy - is being planned for Fife.

The flagship development in Methil will be a hub for Scotland's renewable energy sector. More than 500,000sq ft of business space has been earmarked as part of a 10-year masterplan.

Once completed, it will create hundreds of jobs and generate 65million of investment for the Levenmouth area.

John Noble, of Scottish Enterprise Fife, said: "The renewables energy sector is set to grow significantly in Scotland, with hopes for future developments in wind, solar and wave power.

"The Energy Park will provide much-needed industrial space."

The project is being funded by a partnership of Scottish Enterprise, Fife Council and the European Regional Development Fund.