If you have a site with the consents in place for a wind turbine(s), you have a valuable asset – but only if you act quickly…
With quarterly Feed-in-Tariff degression custs for wind turbine projects in the 50 kW to 5 MW segment it has never been more important to move quickly and get wind turbines installed, commissioned and locked-in to the highest possible Feed-in-Tariff for the next 20 years. Remember, once your wind turbine is commissioned it will keep that Feed-in-Tariff, index-linked to inflation, for the following 20 years.
You may have funded the consenting stages for a wind turbine project yourself but are reluctant to provide the funds required for the construction stages. Or you may have worked with a developer who has obtained the consents but is now unable to fund the construction stages (a surprisingly common occurrence in the wind industry). In either case, Renewables First would be very interested in partnering with you to provide the funding and expertise to deliver your project.
The funding options we can provide are either land rental/site lease arrangements or in some cases joint ventures if you want to provide a proportion of the construction funding as well. Either way, because you have funded the risky consenting stages, the offer we can make to you will be much more attractive than if the site was at a pre-consented stage.
Our main area of interest is single or multiple wind turbines from 800 kW to 5 MW total installed capacity, though through some close industry contacts we are also interested in smaller 50–100 kW consented sites and larger 5 MW+ projects. Note that in all cases we only use top quality wind turbines such as Enercon and EWT – this ensures long-term reliable and efficient operation for all parties.
If you have a potential wind turbine project and would be interested in what Renewables First could offer we would need the following basic information:
- A copy of the granted planning consent documentation (electronically is fine), or a link to the planning application on the Planning Portal
- A copy of the grid connection offer
We will than undertake a detailed assessment of the site to determine how much energy the project could generate, the net income and estimate the build costs. If the project stacks-up economically we will get back to you with a non-binding offer (and of course we’ll let you know, and why, if we are not interested in proceeding). The key considerations for us will be:
- The average annual wind speed at the site
- The cost of the grid connection
- The cost of any access upgrades
- The cost of discharging any onerous planning conditions, including aviation mitigation
Assuming your site looks promising and you are happy with the non-binding offer we have made you the next step will be some more detailed site assessments and putting the legal agreements in place between all parties. For good sites we will make sensible offers and move ahead quickly: we want to get wind turbines in the ground and generating for everyone’s benefit.
Want to install a wind turbine?
If you are in the UK then take our Wind Site Self-Assessment - The first step to provide information we need to complete a Windpower Feasibility Study. It takes about 20 minutes to work through the basic checks, including:
- Estimating wind speed
- Checking proximity of nearby properties
- Checking site access and approach roads
- Investigating connection with the grid