Natural Generation chosen for community wind scheme
South West renewable energy experts Natural Generation have been chosen by The Small Wind Co-op to install a community wind turbine in south Wales.
1st November, 2016
South West renewable energy experts Natural Generation have been chosen by The Small Wind Co-op, a crowd-funded community scheme developed by Sharenergy, to install a community wind turbine in south Wales.
The renewable energy company, who are based in Perranporth, Cornwall have installed around 200 turbines to date and look after a fleet of some 270 turbines across the UK.
“We were delighted to be chosen to install the turbine at Troed Y Bryn – community energy schemes are projects close to our hearts, providing local energy and generating an income to invest into the local community.” Ivor Thomson, MD Natural Generation
The scheme, which will see a 180kW turbine installed at the village in Ceredigion, surpassed its initial minimum fundraising target of £1 million. A second tranche of shares has now been released with priority for people living within 20 miles of the turbine site.
As well as offering a stable return for members, supported by the government-guaranteed Feed-in Tariff, the project will generate a community fund of £3,000 a year (index-linked) for 20 years which will initially be used to improve Llangeitho Village Hall and playpark. The project has attracted support from local politicians in both the Green Party and Plaid Cymru.
“Community funded schemes are an exciting development in the energy market. Not only do they provide community access to low cost clean energy they also contribute community funds to support the upkeep of the local environment.” Ivor
“We are very pleased to be working with Natural Generation,” said Leila Sharland, project manager at Small Wind Coop. “Their company ethos is closely aligned with our own - building a cleaner, greener energy system for future generations."
Sharenergy, based in Shrewsbury, has helped set up over 30 community energy projects throughout the UK. It’s easy to join the Small Wind Co-op. Shares can be bought using the application form in the comprehensive Share Offer Document, available to download at the Small Wind Coop website www.smallwind.org.uk . The share offer will remain open until December 2nd, unless fully subscribed earlier.
By Mike Field