Renewables project in South Lanarkshire
Banks signs up for wind turbine investment
The family-owned firm has signed a deal with leading global wind turbine manufacturer Senvion for the supply and installation by April 2018 of 41 turbines with a combined generating capacity of 139 megawatts (MW).
Twenty-six Senvion 3.4M114 turbines will be used at the Kype Muir Wind Farm, to the south of Strathhaven, with the remaining 15 being installed at the Middle Muir Wind Farm site, which is to the north of Crawfordjohn.
The two schemes will offer businesses based in their respective areas the opportunity to tender for contracts worth up to £24m in total in relation to different elements of the scheme, including construction, security, accommodation and catering.
Banks says community groups will benefit from £22.8m generated by the wind farms over their 25-year lifetimes.
The company has also agreed 20-year operations and maintenance contracts with Senvion for both projects, which will between them generate enough clean, green energy to power more than 80,000 homes.
Richard Dunkley, executive director at Banks Renewables, said: “Modern, efficient onshore wind farms such as Middle Muir and Kype Muir are acknowledged as providing the lowest cost form of carbon-free renewable energy generation for the UK, and we firmly believe they have a central role to play in the UK’s future energy mix, as well as in generating more of the energy that we all use via renewable means.
“The high quality turbines and support package offered by Senvion match the requirements for each of these schemes extremely well, and we’re very pleased to be working with them once again as we work towards further increasing the amount of clean, green energy we are producing from our portfolio of Scottish onshore wind farms.”
Raymond Gilfedder, managing director of Senvion Northern Europe, adds: “We are delighted to be continuing our long standing relationship with Banks Renewables and we look forward to further building on this partnership. The successful conclusion of these contracts demonstrates the strength of the Senvion product portfolio for the UK market and continues what has been a very promising 2016 for Senvion so far.”
Photo: Banks’ community Relations Manager, Lewis Stokes