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Ty Bro Ddyfi, 52 Heol Maengwyn, Machynlleth, Powys, SY20 8DT, UK. phone: 01654 703965 e-mail: info@ecodyfi.org.uk

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10/6/2005

Members of Mid Wales' renewable energy co-operative are celebrating the arrival of their latest wind turbine and are looking forward to launching the share issue for this ground-breaking project.

Hugh D Jones and Dafydd Evans inspect the turbine's nose cone.

The Annual Meeting of Bro Dyfi Community Renewables, held at Pantperthog on Saturday 11th June, heard that the 500 kilowatt Nordtank turbine and tower had arrived from Germany.

It is being stored at Hendreseifion farm in Llanwrin until the rest of the funds are secured and it can replace the redundant prototype on Mynydd Glandulas.

The turbine attracted interest at the recent YFC Rally at the farm, where it was inspected by some of those involved.

Edward Jones, one of the existing shareholders in the co-op, spoke enthusiastically about the project.

"It's wonderful to see this technology being controlled by local people for local benefit", he said.

"This is a bigger project than our first turbine at Cilgwyn, so there is plenty of scope for more local people to share the ownership".

Anybody wanting information about the share issue will need to join the Renewable Energy Investment Club first.

This is a free mechanism for putting potential investors in contact with suitable developers.

It is run from Machynlleth-based Dulas Ltd.

Their Andy Warrington said that while people can ring them on 01654 705018 for a membership form, it's much easier to join on-line at www.reic.co.uk.

Those joining soon will receive an invitation to the information evening about the Dyfi Valley project, to be held on June 23rd.

ecodyfi has already secured £43,000 of European funding through Mid Wales Energy Agency for the project.

"Interest earned on this investment will be used to support community regeneration", explained Manager Andy Rowland.

The rest of the capital needed to put up the turbine is expected to come from a bank loan and from individuals looking for an ethical long-term investment.

"We're looking forward to welcoming new local shareholders", said John Williams, the co-op's Chair.

"Climate change threatens us all, and we also want to make sure that it's our own community benefiting from the wind's energy".

Further information:

• Andy Rowland, ecodyfi Manager 01654 703965

• Tim Brewer, Bro Ddyfi Community Renewables Ltd 01654 703374 or 07817 731336

• Duncan Kerridge, Bro Ddyfi Community Renewables Ltd 01654 781460

• Andy Warrington, Renewable Energy Investment Club 01654 705018

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Editors notes:

• ecodyfi is the community regeneration group for the Dyfi Valley.

• It pays particular attention to strengthening the local economy through careful stewardship of natural and cultural resources.

• It is managed by a Board of 17 local people and is supported by the Welsh Development Agency.

• The 75 kilowatt turbine at Cilgwyn, near Machynlleth, has been generating clean electricity since April 2003.

• The turbine is owned by Bro Dyfi Community Renewables Ltd.

• Its members are the 54 shareholders, 50 of whom live in the Dyfi Valley.

• The interest they receive on their investment keep the profits in the local economy.