Triodos Renewables plc

Projects

Our operational portfolio includes seven renewable energy projects (wind farms and hydro) with a total capacity of 36.8MW producing enough clean, green renewable energy for the equivalent of over 24,500 homes. We also have a stake in three sustainable energy businesses, a tidal generation technology developer, a wind farm developer and energy efficiency project developer.

Haverigg II

Haverigg II in Cumbria is a joint venture between Triodos Renewables and The Wind Company (UK). The site has a total capacity of 2.4MW, and one of the four turbines is owned by Baywind Energy Cooperative.

Beochlich

The Beochlich project is located in one of the best areas for small-scale hydroelectric power generation in Scotland. Beochlich Burn runs into the south-east side of Loch Awe in Argyll, West Scotland, before falling some 250 metres to the loch shore, draining water from a high plateau. The 1MW hydro project, built in 1998, involved building a six-metre high dam to create a new storage reservoir, which feeds water through two turbines.

Ness Point

Ness Point is at England's most easterly point in Lowestoft, Suffolk. On the site of a former gas works, its turbine 'Gulliver' is a popular addition to the town's industrial landscape. With a tip height of 126 metres, it has a capacity of 2.75MW.

Caton Moor

Caton Moor wind farm is in an upland area of the Forest of Bowland, northern Lancashire, just east of Morecombe Bay. It was one of the earliest commercial wind farms, coming into service in 1994. In 2005, after repowering the site by replacing 10 older turbines with eight modern, more efficient ones, Caton Moor achieved a total site capacity of 16MW. Triodos Renewables acquired the wind farm as part of the purchase of Hainsford Group Limited in 2006.

Sigurd

Sigurd is a single wind turbine project at Burgar Hill in the Orkney Islands. Commissioned in 2001, the turbine is on one of the windiest onshore sites in Europe and has a capacity of 1.3MW. The Group acquired this wind farm as part of the purchase of Hainsford Group Limited in 2006.

Wern Ddu

The 9.2MW Wern Ddu wind farm was acquired in October 2009. Wern Ddu is located between Gwyddelwern and Ruthin, North Wales at the eastern edge of Strategic Search Area A, one of seven areas identified by the Welsh Assembly Government as being suited to developement of this kind. The site commenced generation in March 2010 and has been constantly delivering since. It has potential to provide renewable electricity to 5,000 homes, enough to power the nearby market town of Ruthin.

Kessingland

Triodos Renewables acquired the consented Kessingland project in May 2010. The two turbine site commenced generation in June 2011 and has a capacity of 4.1MW, providing up to 3,000 homes with renewable energy. The site is located on the Suffolk coast on the grounds of Africa Alive, a wildlife park, providing a good opportunity for demonstration and education activities.

Projects under construction

Dunfermline

Triodos Renewables acquired the Dunfermline project in March 2011 from Wind Direct Limited. This is a merchant project with consent to build a 1.5 MW turbine on a brownfield industrial site in Dunfermline in south-east Scotland. Under the merchant arrangement, the industrial user of the site will purchase part of the renewable energy generated from the turbine.

Investing in sustainable energy companies

Connective Energy Limited

In 2006, Triodos Renewables acquired an interest in a new, low carbon business venture, Connective Energy Limited. It’s a joint venture between Triodos Renewables, Doosan Babcock and the Carbon Trust, and aims to become a leading supplier of low carbon heating by using waste heat to displace primary electricity generation sources. About 45% of the UK's industrial primary energy consumption is wasted. Connective Energy intends to capture this waste at source and transfer it as steam or hot water to other users of heat in the area, providing an energy efficient, low cost heat supply.

Marine Current Turbines Limited

In June 2007, Triodos Renewables acquired a small shareholding in Marine Current Turbines Limited, a tidal technology company. Marine renewables, including tidal power, have a major role in providing sustainable energy in the UK. This investment helped finance what is widely seen as the world's first larger-scale commercial tidal turbine – the 1.2MW SeaGen tidal energy project in Northern Ireland's Strangford Lough. Connected to the local electricity grid in 2008, it generates power for approximately 1,000 homes, and provides the foundation for larger marine turbine projects in the future.

Investment in development stage projects

Triodos Renewables has negotiated terms for acquiring interests in several projects at pre-construction or pre-planning stages over the next 18 months. Investment in development-stage projects is expected to continue in this way for a further three years. With good relationships with other developers, the Board believes Triodos Renewables will be offered – and be in a position to acquire – a portfolio of good quality generating projects.