United Kingdom: Boralex Welcomes Ministerial Approval of 189 MW Clashindarroch Wind Farm Extension

Core Viewpoint - Boralex has received approval from Scottish Ministers for the Clashindarroch Wind Farm Extension, which will enhance Scotland's renewable energy capacity by adding up to 189 MW through 21 wind turbines and a 50-megawatt battery storage facility [1]. Company Commitment - Boralex is dedicated to long-term investment in Scotland as part of its 2030 Strategy, emphasizing local economic prosperity through renewable energy projects [2]. - The company aims to establish a leadership position in the UK renewable energy market, showcasing its capability to deliver high-quality projects [2]. Socio-Economic Benefits - The Clashindarroch Wind Farm Extension will create a community fund of up to £693,000 annually, indexed over the project's expected 40-year lifespan, to support local initiatives [3]. - An additional Socio-Economic Fund of up to £138,000 per year will be administered by Moray Council for supply chain development and community wealth building [3]. Community Engagement - Boralex emphasizes that renewable energy projects should empower communities and create lasting opportunities, aiming for a positive legacy [4]. - The company is committed to working closely with local communities and stakeholders to ensure meaningful contributions to Scotland's renewable energy future [5]. Environmental Considerations - The project has been designed following extensive environmental studies to mitigate its ecological impact, with a focus on biodiversity enhancement [5]. Financial Support Initiatives - The project includes direct energy bill support of £1,849 annually and a one-off payment of up to £20,000 for energy efficiency improvements for households within 5 km of the turbines [10]. - A £45,000 annual Scholarship Fund will provide 15 scholarships in STEM and construction skills for students from Moray [10]. Company Overview - Boralex has over 35 years of experience in providing affordable renewable energy and is a leader in the Canadian market, with significant operations in France, the United States, and the UK [7]. - The company's installed capacity has increased by over 50% in the past five years, reaching 3,403 MW as of now, with ongoing development of 8 GW in wind, solar, and storage projects [7].