Small wind power, in Scotland and Wales, will be helping to support 3 community initiatives The Skelmorlie Community Sports Club, Wemyss Bay Community Association and Inverkip Community Initiative.
The Small Wind Co-Op is a community owned and operated wind energy fund. They offer shares for the cooperative with returns of 6.5% (over 20 years), or bonds with 4.5% returns (over 6 years).
Small wind farms and projects are fantastic when it comes to providing distributed energy, energy meant specifically for local communities, projects, buildings or companies. Many projects will also contribute a portion of revenue to local initiatives in order to get the support of citizens and also to give back to the community where they are situated.
Chair of Wemyss Bay Community Association, Beth Macleod said: “Our aim is to provide a nurturing environment under supervision where young people can express themselves; providing them with a safe space to go, especially during the winter months. We’ve been planning this a long while and the funding from the wind turbines will help the youth club to get off the ground and sustain it over time.”
Chairperson, Skelmorlie Community Sports Club, Kevin McMunn said: “The new games area will be a real focus for the village and the local community; it will hopefully get kids away from their TVs and computers to become more active, fit and healthy. We really appreciate the annual contribution the wind turbine funds will make to ensure its future viability.”
Community Renewables Adviser, Sharenergy, Leila Sharland said: “We’re very pleased that the community funds will be used to support these projects which will strengthen the local community in the area around the turbines bringing benefits to people of all ages and wide-ranging interests.”
To learn more about The Small Wind Co-Op, you can watch their short film here: