Screw turbine hydro scheme advances after funds raised
http://pumpandgenerator.com/screw-turbine-hydro-scheme-advances-after-funds-raised/
http://pumpandgenerator.com/screw-turbine-hydro-scheme-advances-after-funds-raised/
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Screw turbine hydro scheme advances after funds raised
A screw turbine hydro-electric scheme is advancing to its next phase having raised £125,000 through a community share issue in three months.
The Esk Valley Community Energy Group, which has been advised by the Co-operative Enterprise Hub, is seeking to set up a
small-scale hydro-electric turbine, known as an Archimedes screw or screw turbine, in the River Esk near Whitby.
It recently launched a community share issue and set out its case to generate sustainable energy on the River Esk in Ruswarp with £125,000 raised in a little over three months.
When completed, set for in summer 2012,
a ‘fish-friendly’ 50kw hydroelectric screw turbine is set to generate about 200,000kWh of sustainable energy in a typical year,
cutting an estimated 3,000 tonnes of carbon emissions over its lifetime.
Colin Mather, a retired civil engineer and chairman of Esk Valley Community Energy Group, said;
“We are delighted with the response to the screw turbine share issue and, although,
we know that there is still a lot of hard work ahead, it illustrates that by working together, co-operating, amazing things can be achieved.”
Screw turbine hydro scheme advances after funds raised
http://pumpandgenerator.com/screw-turbine-hydro-scheme-advances-after-funds-raised/
http://pumpandgenerator.com/screw-turbine-hydro-scheme-advances-after-funds-raised/
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