Articles Filter

US group targets FiT wind fleet

Scottish manufacturer Orenda inks deal to supply 51kW turbines

US group targets FiT wind fleet image

Scottish manufacturer Orenda Energy Solutions has signed a deal to supply 51kW wind turbines to a US consortium looking to tap the UK’s Feed-in Tariff.

Orenda said a minimum of six Skye units (pictured) will be “installed at pre-determined locations” by the group, which is made up of “high net worth individuals”.

The consortium is expecting to achieve an aggregate rate of return of approximately 14% over a 20-year period under the FiT. 

Ten sites are expected to be available for investment in the UK and a similar number available in Italy, where Orenda has a strong market presence, by the middle of this year.

Orenda vice president for sales and marketing Steve McMahon said: “This is a quantum leap forward for Orenda. It shows great support and faith in our turbine.”

Image: Orenda

 

Other Tags

Free Trial
X

To receive the next 3 issues of reNEWS complete the form below

 Yes, I would like to receive marketing emails from reNEWS including special offers.


Please leave this field empty.