News
Thrive’s first bond successfully repaid
Buchan – Thrive Renewable’s first ever crowdfunded bond – supported the development and operation of two wind projects in Aberdeenshire.
Posted: 25 Aug 2021
Sigurd wind farm
Project location
Burgar Hill on Orkney Mainland was deliberately chosen as a test site for wind turbines because it is one of the windiest onshore sites in Europe!
The earliest onshore wind turbines were tested here in the early 1980s in a variety of guises. One of the earliest was built with the lower part of the tower constructed of concrete - a design which didn't survive developments in the industry.
Project summary
Today, Thrive Renewables operate a single wind turbine here, alongside a selection of other discrete projects, harnessing the amazing wind resource and exporting it to the national grid for distribution to wherever it is needed. The turbine we chose for this site was a Class I turbine which is specifically designed to maximise the potential from consistently high and turbulent winds. The name "Sigurd" is that of a legendary hero from the ancient Norse stories which are renowned on the islands.
Key stats
| Turbines | Nordex N60 |
|---|---|
| Number of turbines | 1 |
| Maximum tip height | 76 metres |
| Site capacity | 1.3 MW |
| Operational since | 2002 |
| Annual forecast output | 5.1 GWh |
| UK homes equivalent | 1,292 |
