Untitled Document

Scottish small hydro developer receives investment for growth

A US$5.27 million investment from the Scottish Equity Partner's Environmental Energies Fund will allow hydropower developer Green Highland Renewables to continue expanding its business.

Green Highland Renewables says the funding, which also came in part from investing firm Scottish Enterprise, will be used for its "growing pipeline of hydro generation sites as well as servicing the increasing demand it is experiencing from clients for consulting, project management, and operation and maintenance services."

The company was founded in 2007 and specializes in the development of run-of-river projects that range in capacity from 100 kW to 2 MW.

"This injection of capital means, in addition to servicing demand from our existing clients, we can actively seek out new clients potentially requiring help with site development," says Ian Cartwright, managing director. "These schemes, once completed, can provide landowners with long-term, relatively risk-free income."

HydroWorld.com reported in August 2008 that Scottish and Southern Energy (SSE) had acquired a 33% stake in the Perth-based company.

Related Articles

Agricultural hydropower in Hawaii

Hawaii likely to pass bill to expand agricultural hydropower

News sources are reporting that Hawaii Gov. David Ige is expected to sign a bill into law to...

Liberia seeks small hydro, mini-grid feasibility studies

The government of Liberia invites expressions of interest for a feasibility study of two sma...

City asks FERC to reinstate, transfer licenses for Connecticut hydro projects

Under terms of an act of Congress, the town of Canton, Conn., has asked the Federal Energy R...

Nepal seeks rehab construction of 640-kW Sundarijal hydro project

Nepal Electricity Authority (NEA) seeks bids for construction and equipment rehabilitation o...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
05/01/2015
Volume 23, Issue 3

Buyers Guide Products