Sep 6 (Renewables Now) - The GFG Alliance, founded by the British Gupta Family, today unveiled plans to build a wind farm of up to 178 MW at Glenshero in the Scottish Highlands.
An investment of around GBP 170 million (USD 220.4m/EUR 185.6m) for the up to 54-turbine project, to be developed by affiliate SIMEC Energy, has been approved by the GFG Strategy Board. A planning application is to be submitted in 2018.
“Glenshero is a unique project in our portfolio. It would be built in an environment of zero subsidies, using steel rolled and finished in Scotland and then generate clean energy to support the Scottish metals industry,” said Jay Hambro, GFG’s chief investment officer and CEO of SIMEC Energy.
GFG Alliance is a group of businesses involved in mining, energy generation, metals and engineering. It says it will be possible to roll the steel for the tower structures of the Glenshero wind farm at Liberty’s Dalzell plant in Motherwell and fabricate these at a “potential new neighbouring wind tower manufacturing facility”.
Apart from the wind project, the group will also study plans to build a number of small-scale hydropower plants (HPPs) around Lochaber and Kinlochleven. Part community ownership will be discussed for the wind and small hydro projects.
SIMEC Energy already supplies low-carbon energy from hydro and bioenergy assets for GFG Alliance’s industrial activities and in the wider market. It believes that the development of renewable energy projects across its estate lands will bring valuable low-cost, low-carbon power for industrial schemes such as the GFG Alliance’s aluminium smelter and planned Fort William alloy wheels factory and its steel mills in Lanarkshire.
(GBP 1 = USD 1.29/EUR 1.09)