In the current economic climate investing in wind power is one of the few areas where a secure long-term income is available. Provided that good quality sites are selected and developed using good quality hardware, the returns can be extremely attractive.
Renewables First works with a range of investors who are looking for suitable investment sites, from investment banks looking to secure a large portfolio of sites to small private investors looking to invest in a single or small numbers of sites. Our smallest investors are involved at the 50 kW scale, and the largest are in the multi-megawatt space. Currently the sweet spot is the single 900 kW wind turbine market which can make best use of the current Feed-in Tariff regime to maximise the return on investment.
For larger clients we will put together a bespoke site-finding and project development service to identify suitable sites, complete the initial site screening works and then obtain an Exclusivity Agreement to develop the site. Once signed, the site would follow our standard development process. Once the feasibility works had been completed we would get an Option Agreement signed, and then move ahead into the consenting stages. Once the appropriate consents were obtained the Option would be exercised and the Lease signed, and then the system would be installed and commissioned.
For private individuals and smaller investors we can generally match investors with suitable sites that are looking for investment. Depending on how much risk an investor wants, they can buy-in to the project at the initial site screening stage and then fund the feasibility and planning works, or for a premium fee can buy-in at the post-feasibility stage once some of the development risk has been removed.
Want to install a wind turbine?
If you are in the UK then take our Wind Site Self-Assessment - Step 1 of our modular Windpower Feasibility Study. It takes about 20 minutes to work through the basic checks to see if your site might be suitable, including:
- Estimating wind speed
- Checking proximity of nearby properties
- Checking site access and approach roads
- Investigating connection with the grid