For wind turbine projects like Coigach
Community Development Company (CCDC) in Scotland, windy days are pay days. CCDC
recently updated their bondholders on what the revenue they earn from ‘Veruna’
– their wind turbine – is enabling them to do.
The project, promoted by the Triodos
crowdfunding platform in 2018, continues to thrive selling its clean energy to the
national grid and using any surplus profit to fund community groups who support
inclusive activities, cultural heritable initiatives and environmental
projects. Residents from the 270-strong community are also invited to apply for
funds that support any form of personal development.
Last year, CCDC provided new oars
for the local rowing teams competing in the 2019 Scottish Coastal Rowing World
Championship, funded new equipment for the local primary school and a programme
of events and classes at the community hall, as well as restoring footpaths for
CCDC has also been working with
Community Energy Scotland to explore the possibility of using the energy that
Veruna provides locally, which would be more efficient than simply exporting it
to the grid.