Green Highland Renewables Ltd., a Perth-based developer of small hydropower plants, has acquired a two-megawatt facility from its bigger city neighbour, SSE plc.
This is the company’s second purchase of a hydropower plant from SSE. The value of the transaction wasn’t disclosed.
The 2MW scheme will be built on land owned and managed by Forestry Commission Scotland at Allt Coire Chaorach in Glen Dochart, about 30 miles west of Perth.
The landmark deal follows Green Highland Renewables’ purchase of the 2MW Allt a’ Chonais scheme near Achnasheen from SSE in October 2013, which is on track to be commissioned later this year.
The site at Allt Coire Chaorach is a high-head, run of river scheme which will generate 2MW of renewable energy for export into the electricity distribution network.
Construction on the Allt Coire Chaorach project, which has full planning consent, will begin this year and aims to be generating electricity in spring 2016.
“We’ve now completed seven projects, have eight under construction, and have a 100 percent track record in securing consents, with 45 projects approved to date,” said Ian Cartwright, Managing Director, Green Highland.
“We are still hungry for new sites and are actively seeking opportunities to grow our development portfolio in order to deliver more schemes across Scotland.”
Green Highland Renewables specialises in the development of small scale hydro electric schemes. Since 2007, GHR has worked on a wide range of run of river schemes at every phase of the development process.
GHR has over 20MW under development within its current portfolio of schemes, which includes schemes under development with the Forestry Commission in Scotland.