Wind Direct, the on-site generation arm of Wind Prospect has broken through the 100GWh barrier for the volume of electricity generated by the wind projects it has developed - saving industrial clients several £million on their bottom line.
The 100GWh mark heralds a major achievement for the renewable energy company, which has been developing wind projects on industrial and commercial sites since 2004.
The company has also maintained an impressive 92% planning success rate over the last six years – well above the national average, which according to reports, stands at just 25%.
In reaching the 100GWh mark, Wind Direct has enabled clients to offset a total of more than 55,000 tonnes of carbon emissions through the generation of green electricity.
Wind Direct is currently adding to its development projects with the construction of a single turbine project in Scotland and has 4 projects totalling over 12MW approaching financial close, to be constructed in during 2011 - 2012.
Frances Karki, Chief Operating Officer for Wind Direct said:
“Six years ago we set out with this idea of installing and operating wind turbines on industrial sites, where the client would pay for nothing except the energy that they use and now we have a pipeline of more than 28 sites under that very model.
“With energy prices fluctuating, nuclear power uncertainty, and electricity market reform (EMR), industry is desperate for long term price stability – and that’s exactly what a Wind Direct project gives them.
“To exceed 100GWh is a remarkable achievement for the on-site generation industry overall and is just the tip of the iceberg for us as we continue to bring to life further projects in our pipeline.”
Parent company Wind Prospect recently launched ReBonds, a corporate retail bond that pays 8% interest on investments of £10,000 or more, and allows UK investors the chance to invest in renewable energy. The offer ends on Wednesday 20th July.