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Triodos Renewables (Dunfermline)
Renewable energy (Environment)
Triodos Renewables acquired the Dunfermline project in March 2011 from Wind Direct Limited. This 1.5MW wind turbine project is located on a brownfield industrial site in Dunfermline in central Scotland. Under a merchant arrangement, the industrial user of the site purchases part of the renewable energy generated from the turbine to power their site. Dunfermline generates enough clean, green renewable energy equivalent to power 580 homes.
Energy is a necessity in modern life but the current dependence on fossil fuels to provide it has a high environmental and social impact. We believe that a fundamental transition is needed away from a carbon based economy to a renewable one. By lending and investing in this sector we try to stimulate this transition, with our main focus on financing solar, wind and hydro energy.