Renewable/Other Energy

Renewable/Other Energy

Campaigners celebrate after windfarm rejection

16/09/2015

Campaigners were celebrating last night after the controversial Brown Muir windfarm plans were rejected by councillors. But SNP members of the local authority were facing a backlash from protesters amid accusations they put their party before the people by voting to back the scheme. The 12-turbine project tabled by Vento Ludens for a site between Elgin and Rothes attracted more than 1,300 objections. By contrast, Moray Council received just 20 submissions supporting the proposed development. The local authority’s planning and regulatory services committee blocked the application yesterday on the casting vote of chairman Chris Tuke.

Renewable/Other Energy

Wave Energy boosted by European grant

A wave power device tested at a marine energy centre in Orkney has been boosted by a £580,000 European grant. Edinburgh-based Aquamarine Power and the National University of Ireland, Maynooth (NUIM) have together secured a EU Horizon 2020 grant to improve the performance of Aquamarine Power’s Oyster wave energy converter. The company has already built and operated two full-scale Oyster machines at the European Marine Energy Centre (Emec) in Orkney.

Renewable/Other Energy

Campaigners welcome early end to wind subsidy

15/09/2015

Campaigners have hailed the early closure of a subsidy scheme for onshore wind projects – while renewables experts last night warned it will deter investment. Jenny Hogan, director of policy at Scottish Renewables, warned firms were at risk of “shutting up shop altogether” and that 5,400 jobs had been put at risk by the withdrawal of the Renewables Obligation (RO) scheme. Ending the subsidy – funded by levies to household bills – a year earlier than expected could cost up to £3billion of investment, she added. Ms Hogan also called for the Westminster Scottish Affairs Committee to consider holding an inquiry on the move, which she said would have a disproportionate impact on Scotland.

Renewable/Other Energy

UK Government policy hitting windfarm investment

14/09/2015

New research has shown for the first time that recent announcements from Whitehall are having a significant impact on investor confidence and their ability to lend to onshore wind farm developers. Green-energy body Scottish Renewables (SR) is today publishing survey findings it says shows for the first time how UK Government policy is scaring off potential windfarm investors.

Renewable/Other Energy

India’s Hydro push revives $1.4 billion Goldman-backed plant

10/09/2015

India’s Power Minister Piyush Goyal said disputes blocking a hydroelectricity project worth at least $1.4 billion have been cleared, part of a drive to revitalize the industry as he targets an unprecedented expansion in renewable energy. Resolving the years-long delay in the Teesta-III project in northeastern Sikkim state near China will make hydroelectricity more alluring to investors, according to Goyal. One of his major challenges is finding the $200 billion India needs for a goal of 175 gigawatts of green-energy capacity by 2022. “If you go back in history for the last five years, the entire hydel industry has come to a standstill in India,” Goyal, a 51-year-old former banker and chartered accountant, said in an interview in New Delhi on Tuesday. “We’re going to revive it.”

Renewable/Other Energy

Venture capital firm backs roll-out of small community wind-energy schemes

10/09/2015

A venture capital firm specialising in investments in innovative, high-growth technology companies is backing the roll-out of small community wind-energy schemes across the Highlands and islands. Scottish Equity Partners (SEP) said yesterday the £9million investment from its Environment Capital Fund into newly formed business Hamsin Wind aimed to deliver single units at about 200 high wind speed locations in the north. Working with development partners Mistral Energy and ABG Corporate Finance, Hamsin has appointed Ayrshire company Kingspan Wind as its turbine supply partner.

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