UK wind farm project gets massive cash boost from Swedish company

Britain’s biggest onshore wind farm project will be ready soon, thanks to the efforts of the Swedish government that will be pouring hundreds of millions of pounds into the project. To be specific, it’s going to be £460m that Vattenfall, the state owned company will be investing in two projects in the UK.

To be situated between Neath and Aberdare in South Wales, the Pen y Cymoedd windfarm will play host to 76 turbines with a combined power generating capacity of 228 megawatts. That is enough to light up 166,000 homes. The wind farm will have a life span of a quarter of a century and will be making the exchequer richer by £45m every year, besides promising jobs to around 300 skilled labour. The site is expected to become operational from 2016.

Speaking of the development, an elated energy secretary, Ed Davey, said that the project has a lot of positives, like providing clean power to homes, creating several hundred skilled jobs and also promoting the UK as a multi-billion dollar worth investment destination.

Davey further stated they have been working hard to promote England as an attractive destination for onshore and offshore wind investors. Also, there are some important investments slated to be cleared soon which will benefit their economy in the long run. Davey added that both onshore and offshore winds are important contributors to their energy requirement.

Construction at the Clashindarroch wind farm in Aberdeenshire has already started and is likely to be over by 2015. The site in Scotland will have 18 turbines with a power output rated at 36.9 megawatts.

Peter Smink, who heads Vattenfall’s Sustainable Energy Projects said the UK market is an attractive destination for onshore wind power projects, something that is further aided by the active help the government has extended in executing the energy project.