Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMay 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 Rippleās 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.
Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTCorio, Jera ready Formosa 3 for Taiwan offshore wind auction
Jul 01, 2022 16:12 CESTCost of new renewables climb, but gap to fossil power widens
Jul 01, 2022 16:07 CESTGermany opens public consultation on offshore wind development plan
Jul 01, 2022 15:48 CESTEast Energy, utility to use green H2 to decarbonise district heating in Brandenburg
Jul 01, 2022 15:43 CESTBiden pledges to take action as court limits EPA's authority
Jul 01, 2022 15:38 CEST