





Some of the evidence I used during my S75. I used their own timeline to show they had failed to deliver.
The posts regarding resignation of senior individuals also solidify that things were not as depicted by Ripple.
Thank you FTB.Fueltheburn wrote: ↑Sun Mar 30, 2025 9:54 pm
Some of the evidence I used during my S75. I used their own timeline to show they had failed to deliver.
The posts regarding resignation of senior individuals also solidify that things were not as depicted by Ripple.
DW Update from Ben wrote: Hello,
We're aware a number of Derril Water members use this forum to discuss the project, so we wanted to take the opportunity to share an update on the progress of your project.
Apologies for the limited communications from the board of late to members of Derril Water coop. This is because our situation is different from the existing coops, so our approach is too whilst awaiting the outcome of Ripple's administration process.
What we now know is that no one has stepped forward to purchase the Ripple business as a going concern and that all employees have been made redundant. I'm not going to pass judgement or express an opinion on the organisation or reasons for their failure, our priority is to see the project through to delivery and then into business-as-usual operations.
What you do need to know is:
Ripple Energy is separate from the Derril Water cooperative that owns the solar farm - your investment therefore is safe.
Member funds have been deployed to build the site and we are now drawing down on the bank loan as planned
Progress is going well, we expect to energise from late spring, with commercial operations early summer
I took the opportunity to visit the site last weekend and met the team at Ethical Power, one of our construction partners. I was blown away by the scale of the site, but more importantly reassured by a sense that we're really close to finishing. Most of the heavy construction is complete, next step is wiring up the structures.
As your board we're busy facilitating this transition period, overseeing financial, legal, and project management processes to ensure progress doesn't stop. Without Ripple, we now need to set up our own communication channels and replace some services. Undoubtedly things will change from how Ripple did things, and we will share more as options become clearer. However, again, our priority right now is energising the site.
We have an email address you can use to contact the board: derril.water.chair@gmail.com. However, we respectfully request that you only use this where strictly necessary. We have very limited resources and are not able to provide general project updates.
On behalf of the Derril Water Board, thank you for your patience and understanding during this changeover. Hopefully in a few months from now this will all be a distant memory!
Thank you,
Ben
DW Chair