Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTEnercon turbines picked for 18.8-MW consumer-owned wind project in Scotland
Artist's impression of the Kirk Hill wind farm. Image source: Ripple Energy (www.rippleenergy.com)
May 23 (Renewables Now) - German wind turbine manufacturer Enercon GmbH has booked an order to supply its hardware for an 18.8-MW consumer-owned wind farm project in Scotland.
The company said today that it has signed a turbine supply agreement with UK firm Ripple Energy to deliver and install eight E-92 turbines for the Kirk Hill project in Ayrshire, west Scotland. Wind farm installation is due to start later this year, while commissioning is seen in 2023/2024.
Enercon will also maintain the Kirk Hill turbines once they begin operation.
Ripple Energy is a platform that offers consumers to purchase shares in large-scale wind projects. Once the wind farm starts generating electricity, citizen-investors, through Ripple’s supply partners, can expect to see savings on their power bills.
As Ripple explains, the firm manages the construction and other project phases, but does not own the wind farm. The ownership is in the hands of the co-op and co-investors.
According to Ripple, Kirk Hill is fully sold out.
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