August 12, 2015 | Kype Muir News
To support this project that will bring money, jobs, community benefits and clean energy to South Lanarkshire, please go to: http://www.banksgroup.co.uk/kype-muir-extension/support-this-project/
Ambitions to increase the size of an already approved South Lanarkshire wind farm, which will mean even more clean energy, investment and community benefits, have been given a significant boost following a non-objection decision by the local council.
Hamilton based Banks Renewables is now awaiting a planning decision from the Scottish Government Energy Consents and Deployment Unit for its Kype Muir Extension Wind Farm, located south of Strathaven.
The 51MW 15 turbine expansion to the already approved Kype Muir Wind Farm would increase the total capacity of the entire 41 turbine project to 139MW and would represent a landmark investment in South Lanarkshire.
Colin Anderson, development director at Banks Renewables, said: “The industry has undoubtedly been at the sharp end of some tough cutbacks and countless high-profile projects have been scrapped as a result.
“We are therefore delighted to be putting forward this exciting opportunity to expand on the Kype Muir project.
“The development is extremely strong and on its own merit has the potential to drive substantially more investment into a region in real need of it.
“The council is clearly appreciative of the positive impact the project would have on the surrounding area and pleasingly it has not sought to change any elements of the detailed plan, which is now with the Scottish Government for approval.”
Should the extension be granted, community partnership revenues will be increased from 1.5% of the total revenue of Banks Renewables’ Kype Muir development, to 2.5% of the entire Kype Muir and Kype Muir Extension project, with a guaranteed minimum of £5,000 per MW of energy produced.
Along with the boost to local businesses, this revenue for community initiatives could increase the total estimated local revenue from the combined 41 turbine Kype Muir project to £23 million over the 25 year life cycle of the wind farm.
Colin added: “Through our Connect2Renewables Charter we are proud to be working with the council and the communities hosting this exciting project.
“Connect2Renewables goes further in terms of its commitment to local delivery and will ensure that the Kype Muir project provides exactly the sort of responsible investment that the region has needed for so long – offering a brighter future for South Lanarkshire and clean green energy for Scotland.”
Under the umbrella of their Connect2Renewables Charter, Banks Renewables wind farm at Kype Muir in South Lanarkshire provides a unique local investment and development opportunity that will promote and support the local economy by creating jobs, skills and learning opportunities, supporting local businesses, local infrastructure and the environment.
The 15 turbine expansion, which would see construction completed by 2021 would not only increase the community share in revenue, but also increase investment into local businesses and a further commitment to an employment and training fund.
Banks Renewables is part of the Banks Group (www.banksgroup.co.uk), a family firm founded in 1976, which now employs over 400 people in the renewable energy, property and mining sectors.