Renewable energy investment company Thrive Renewables announced on 27 November that it has acquired a site to build Chapleton wind farm near Girvan, South Ayrshire. Once concluded, the project will produce three wind turbines with a capacity of around 2.7MW and will operate without the need of government subsidies.
The project is being funded with £11mn released following Thrive Renewables decision to sell two operational wind farms earlier this year.
The Chapleton wind farm will harness Thrive’s “private wire” model, which enables local businesses to use power directly from the wind farm. The company stated that this model will support long-term energy security for businesses and ensure price stability for wind farm operators in a volatile energy market. By doing so, it is expected that this model will ensure renewable infrastructure investment continues in the absence of government subsidies.
Following the completion of the wind farm, the local community will be able to apply for the Thrive Renewable Community Benefit, which is a grant to improve energy efficiency in community buildings.