A European offshore wind company is to locate its UK turbine manufacturing base in Scotland.
About 750 jobs could be created under the plan by French firm Areva. The announcement was made following an agreement with Scottish Enterprise at a meeting in Paris.
Chief executive Luc Oursel said: "Scotland is known to be a pioneer in renewables and its commitment to offshore wind in particular was a key part of our decision to locate our future UK manufacturing base there. This new facility is part of Areva's strategy to establish a manufacturing footprint that will cover the European market."
First Minister Alex Salmond, who was at the meeting, said: "Scotland shares Areva's vision of a cleaner tomorrow. This announcement provides a further boost to Scotland's position as one of Europe's key locations for offshore wind and takes us another significant step further in achieving our ambitious carbon reduction target."
The agreement outlines an intention to locate the company's nacelle, or turbine, operation and blade manufacturing facilities in the east of Scotland.
Areva said it will manufacture its five-megawatt turbines in Scotland for offshore projects in the UK, complementing its base at Le Havre which will supply France, Belgium and more southerly UK projects. A third base in Bremerhaven, Germany, will help establish an operation to cover the European market.
The jobs could be created in Scotland from manufacturing and the supporting supply chain, the company said.
Prime Minister David Cameron said the announcement was "brilliant for Scotland".
He said: "I am determined that Britain competes and thrives in the global race and this shows that the UK remains an attractive place for foreign investment... Scotland benefits from UK-wide initiatives to promote renewables and access to the entire UK consumer market.
"The coalition Government has introduced the world's first and only Green Investment Bank which, based in Edinburgh and London, is an example of one of the many ways in which we are stronger together, harnessing our combined strengths to become a world leader."