April 8, 2011
Wind Energy Direct Secures €20 million investment
January 6, 2011
Planning Permission granted to WED for a Wind Mast at A.W. Jenkinsons Woodwaste Ltd, Bo’Ness Scotland
December 23, 2010
Planning Permission granted to WED for a Wind Mast at Belliston Quarry Company Ltd, Belliston Quarry, Fife, Scotland

Financing Your Wind Turbine

We offer a risk-free way for your business to benefit from its own alternative energy supply.

Your project can be financed in a number of ways: Wind Energy Direct can finance the project in its entirety or you can work with us in a joint venture arrangement.

Electricity Price Inflation

The price of electricity from your wind turbine is agreed before installation, guarding you against the rising costs of fossil fuel generated electricity. By acting now, you can protect your business against this key financial risk.

Sample Site – Large Manufacturing Business

In 10 years, a business with a 26GWh electricity consumption and one 2MW turbine will save over €1.5M.

Vital Statistics

2000kW 24/7 base load
Wind Resource: 7m/s mean wind speed at 75m
Requirement: 2MW turbine which will deliver 5GWh per annum

Results

Significant reduction in client’s energy costs
Approximately 30 percent of client’s energy costs are hedged against retail energy price increases for 10 years

Sample Site Savings

Year 1 Savings €55,000
Year 5 Cumulative Savings €442,000
Year 10 Cumulative €1,500,000

Typical Project Costs:

Feasibility: €7.5k
Planning: €50k
Total Project Costs: €1.8M per MW (approx)Funded by WED
Typical Payback Period: 6-12 years if Owner Operator

(Payback dependent on size of project; % and cost of displaced retail energy and wind resource)

Find out how wind power could boost your bottom line: use our Savings Calculator

Wind Energy Direct is a Wind Energy company with Irish offices based in Limerick Ireland. Wind Energy Direct specialises in installing wind turbines on business and industrial sites throughout the Ireland in areas such as Cork, Kerry, Cavan & Mayo.