Scots turbine manufacturer Orenda Energy Solutions has secured a £2 million deal for 10 of its 51kW Skye ‘tilting tower’ wind turbines with privately-owned Italian investment fund, CanadEnergy.
Work on the contract starts immediately, with preliminary excavation and developmental work commencing at three pre-consented sites – two in Aberdeenshire and one in the Western Isles – with other locations set to come on stream at the beginning of next year.
Other sites have been identified by Orenda Energy and are at various stages of the planning process.
CanadEnergy has created a UK subsidiary company, Britannia Energy who will own the developed sites as it sets its sights on actively expanding its projects pipeline across Europe and Canada, adding to a wide ‘green energy’ long term investments program.
It already has a number of wind energy projects under development in Canada.
CanadEnergy president Luca Roffi said: “Orenda’s turbine design and its ability to be folded down quickly for maintenance, struck our board of directors as practical steps to keep long term operating costs low.
“The business plan Orenda Energy presented to us met our demanding requirements, and the contract negotiations went well.
“We were pleased to have the opportunity to participate in Scotland’s renewable energy industry, despite the recent UK onshore wind Feed in Tariff changes”.
Orenda’s Steve McMahon, added: “The UK small-medium wind sector started with early adopters who wanted to own a wind turbine and potentially profit from this investment.
“Today, the UK market has evolved and customers are now seen as ‘pragmatic investors’ looking for complete ‘plug and play’ solutions.
“Securing this deal with CanadEnergy fully underlines that we have strong validation in terms of our Skye wind turbine, our company and our far-reaching vision.”
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