Monday 22 August 2016

Wind turbine manufacturer to raise $25m for project in UK

A Canadian wind turbine manufacturer is seeking to raise $25 million (£19m) to build a wind farm in the UK.

Orenda aims to build and install 100 of its turbines with a combined total capacity of 4.9MW across the country from Cornwall to the Scottish Highlands creating a distributed wind farm.

Gerry Lalonde, CEO of Orenda Energy Solutions said: "The announcement from the DECC consultation to change the FiT system was not warmly received by the small wind industry overall, but we view it as an opportunity for Orenda as a result of a willingness to adapt our own technology.

"We were able to modify the patent-pending control technology on our SKYE turbine to reduce the power output from a 51kW turbine to 49kW. This minor modification allows us to position our wind turbine at the top end of the most attractive band available in the UK for the current FiT system."