17 Mar New Scottish hydropower schemes are given £5m boost
Albion Community Power (ACP) announced it has pledged close to £5 million for the expansion of two new hydropower schemes in the Scottish Highlands.
The two schemes, the Liatre Burn located on the Glen Cannich estate and the Abhainn Bruachaig, situated close to Kinlochewe, will produce around 2.8GWh of renewable electricity per year equalling the consumption of electricity for approximately 700 homes.
ACP is a power generation firm that builds, controls and operates community-scale energy projects in the UK.
Construction is underway of both projects and the completion is expected to be before the end of the year. The projects are the third and fourth community-scale Scottish hydro ventures that ACP is operating.
The first two schemes, Chaorach, near Crianlarich and River Arkaig in Lochaber, are in advanced stages and both are anticipated to be fully commissioned by the end of 2016’s third quarter.
Volker Beckers, chair at ACP said, “ACP’s expertise in hydro-power combined and enhanced by local knowledge supports the government’s SME and local business campaign. Hydropower, the oldest renewable technology, has a proven track record of generating strong and stable returns for investors.”