Green Highland Renewables is about to start work on a significant new hydro scheme at Loch Eilde Mor, in the hills above Kinlochleven.
The £13.6 million project, which lies on the Rio Tinto estate, is fully funded by the hydro firm’s owners Ancala Renewables and is one of a number of projects the firm is looking to develop across the Highlands. Work on the Loch Eilde Mor project, which is set to be commissioned in summer 2017, will start later this month.
The firm has also engaged with the Kinlochleven Community Trust and will be paying community benefit of £5,000 per MW installed.
In the last four years Green Highland Renewables has constructed and commissioned 25 schemes totalling 17MW across the Highlands and in the process has invested £62 million – the majority of which has gone to local construction firms and contractors. The nature of the projects means the majority of expenditure goes on civil engineering, much of which is carried out by local firms.
The firm has also committed a further £25 million so far this year and has well over a dozen active schemes in its build pipeline with further investment to come.
Green Highland Renewables Chief Executive Officer Mark Mathieson commented:
“This is a really exciting project and marks the start of an extremely busy two years for our firm.”
“All of these schemes have secured a feed-in tariff from the UK Government, and the only sad note is that the recent cuts to hydro tariffs announced at Christmas mean we will see next to zero new Highland schemes come forward for construction from 2018 onwards. It will be the end of an era.”
The company has been developing run of river hydro schemes since 2007; from initial concept through to consent, construction, commissioning and generation. It also offers a scheme optimisation service for existing hydro schemes.
Green Highland Renewables has a 100% success record in gaining planning consent for over 50 hydro schemes with approximately 40MW capacity and over 35MW under development within its development portfolio.
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