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  1. Norvento chosen for small, crowdfunded wind power scheme

    Medium-scale wind power turbine manufacturer, Norvento , has welcomed news that the Small Wind Co-op, a crowd-funded community scheme developed by Sharenergy, has reached – and surpassed - its minimum fundraising target. The milestone ensures that construction can now commence at the first of two planned farm-scale wind sites in Scotland and Wales. The Small Wind Co-op has purchased two of Norvento’s nED100 100kW turbines, which are now set to be installed at Kellybank farm in Inverclyde, Scotland. Once complete, the site will be the first community-funded wind project Norvento has supplied. Despite market challenges to the wider wind sector, including cuts to feed-in tariffs and changes to planning legislation, community-funded schemes remain a popular means of financing the construction of small- and medium-scale wind projects. Supporters of community energy throughout the UK have responded enthusiastically to the opportunity to invest in these projects while enjoying healthy financial returns. As part of the Small Wind Co-op, members can join from as little as £100 and earn returns up to 6.5%. Investors become members of the co-operative with a say in how it is run. Having raised over £1 million, surpassing its initial target of £700,000, the Co-op this week agreed to sign the purchase agreement for the two Norvento turbines. Norvento has been active in the UK medium-scale wind market since 2013 and its technology is specifically optimised to maximise the financial and operational benefits of on-site renewable energy generation – whilst minimising grid and community impacts. In choosing to install two nED100 turbines at its Kellybank site in Inverclyde, the Co-op has ensured that its stakeholders will benefit from industry-certified levels of performance, reliability and safety from its installed equipment. The scheme has also ensured that there will be minimal visual and noise impact on the local area. In particular, the turbines’ unique low-noise mode means they are especially well suited for operation in the vicinity of homes and local businesses. In turn, members will have the opportunity to directly benefit from low cost clean electricity, all while supporting local communities. As a co-operative venture, the project will contribute to local community funds, help people into employment and support the upkeep of community buildings. “Innovative crowd-funded schemes are an exciting proposition, not only for medium wind manufacturers and developers looking to bring projects to fruition, but also for local communities who stand to benefit financially from clean energy generation,” commented Ivo Arnús, Director of UK Business Development, Norvento. “Our medium-scale turbines are ideally suited to on-site generation on this scale, guaranteeing minimal disruption, and ensuring the project is in harmony with the local area and its inhabitants.” “We are very pleased to be working with Norvento,” said Jon Halle, Director at the Small Wind Co-op. “Not only are their nED100 turbines capable of maximizing energy generation, ensuring our members get reliable returns, but they are made with green energy themselves – a perfect fit for us.”

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  2. Pattern Energy to Acquire Interest in Armow Wind Power Facility

    In a cash deal worth about $132 million, Pattern Energy will acquire a 90-MW interest in the 180-MW Armow Wind power facility in Ontario, Canada. The interest is being sold by Pattern Development, from whom Pattern Energy has rights of first offer.

    Online Articles

    Online Articles

    Fri, 23 Sep 2016

  3. Xcel Announces 60-Percent Expansion in Wind Power

    Xcel Energy, one of the nation’s leading wind power providers, said Thursday it plans to boost its wind power capacity by a whopping 60 percent.

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  4. Suzlon targets $3bn in Australian wind energy investments

    India’s Suzlon has targeted a $3bn drive to develop wind power in Australia and is hoping to attract partnerships with high profile investment firms with that aim in mind.

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  1. Boralex buys 200 MW in wind power projects in France, Scotland

    Online Articles

    Online Articles

    Tue, 20 Sep 2016

  2. Xcel Energy to increase wind energy by more than 60 percent

    The additional wind energy is part of the company’s long-term plan to more than double its renewable energy portfolio and deliver 63 percent of our energy from carbon-free resources in the next 15 years

    Online Articles

    Online Articles

    Fri, 23 Sep 2016

  3. Oil & Gas News: Petrofac awarded Statoil contract

    Petrofac Training Services has been awarded a significant contract for Training and Emergency Response Services with Statoil (U.K.) Limited to support its UKCS oil & gas and renewable operations.

    Online Articles

    Online Articles

    Fri, 23 Sep 2016

  4. Statoil designates Petrofac UK offshore training provider

    Statoil (UK) has appointed Petrofac Training Services as its preferred supplier for training and emergency response services for the operator’s UK offshore operations.

    Online Articles

    Online Articles

    Fri, 23 Sep 2016

  5. Cross border microgrid project to cost $12.4m

    A $12.4m US-Canadian cross-border project is to see the linking up of three microgrid projects.

    Online Articles

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    Fri, 23 Sep 2016

  6. $839m deal signed for Iranian wind farm

    Post-sanction Iran has opened up for investment and this includes more interest in the area of renewable power generation.

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  7. Wind farm repair hub planned for UK

    Dong Energy is to create a wind farm repair hub at Grimsby in eastern England.

    Online Articles

    Online Articles

    Thu, 22 Sep 2016

  8. Developers seek state permit for wind power project

    Developers are seeking a permit from Vermont regulators to build a wind power project of up to seven turbines on a ridge in Swanton capable of producing electricity for about 7,300 households.

    Online Articles

    Online Articles

    Fri, 9 Sep 2016

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