Part ownership of a Ripple Wind Turbine, fancy it?

Wind turbines
smegal
Posts: 295
Joined: Fri Apr 08, 2022 7:51 pm

Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2771

Post by smegal »

Joeboy wrote: Wed Jul 05, 2023 4:50 pm
Moxi wrote: Wed Jul 05, 2023 4:25 pm Just stick an external ultrasonic level detector on the base of the tank and you will have real time monitoring of the level from full to "ahh cr&p its leaking again" and all points in between. No need to get dirty and invasive and the kit with sender would be less than 500 quid and no down time to install unless you cant go inside these beasts when they are turning which I doubt is the case ?

Moxi
https://www.siemens.com/global/en/produ ... 0-200.html

These are what a lot of my clients seen to use.

Have you got a link to one Moxi? Sounds great and new to me!
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Joeboy
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2772

Post by Joeboy »

Thanks Smeagal, I had absolutely no awareness of this gear. Great to see a thing new to me, thank you.

On the upside on Ripple, 8MWh personal milestone passed at around 06.00 today. :D
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Joeboy
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2773

Post by Joeboy »

Recently posted.

"12/07/2023
We are still looking at an early 2024 switch on date - with the first turbine commissioned in January. Whilst this is not confirmed, all parties involved in your build remain committed to working to this timeline. Your turbines should arrive on site over the next 2 months.

There have been inflationary pressures on costs throughout the project. When we closed the co-op share offer back in May 2022 we explained to you we would be securing a finance facility to fund part of the construction. This is with Virgin Money. Originally we expected this agreement would need to cover approximately £9.7M of construction costs (plus any wrapped up interest). The total facility agreed for £14M takes into account the additional construction costs, and the rolled-up interest as well as a VAT facility that's available during construction.

The increase in the size of the debt facility means that although construction costs have increased slightly (approximately 8.5%), no extra funding is required from members.

Due to uncertainty around energisation timings, the Kirk Hill co-operative board has agreed the PPA price should be fixed from 1st April. This will be when your savings rate for the first year will apply.

Don't worry, Kirk Hill will still be paid for all generation which occurs ahead of 1st April. The electricity will be bought at the half hourly "system price". You will still be able to track your generation from your dashboard (although more likely on a monthly basis).

We will set the wind farm's operating costs for the year starting 1st April, taking into account all revenues received for any generation before that date. We would therefore expect your monthly savings in the first year from April to be slightly higher, resulting from any early revenue received. We will set out more details when we have more clarity over the numbers in the spring."


It is good that Ripple are communicating but I think they have an opportunity to improve further. I'd be willing to bet half a dollar that there is not a single person on here that hasn't been revolted in the past by politicians and corporations who spin, cover or delay?

Ripple have an opportunity to be completely transparent and react quickly to communicate to we the owners. If you are going to be the new thing then be it completely? That an owner found the piece of news and that Virgin Money had the time to put together a press release indicates that Ripple still have a way to go in being at the bleeding edge.

They have nothing to lose by embracing this further. Optics matter, true optics even more so and will be recognised and spoken about and will likely gain them a larger owner base just by word of mouth. Compare that to the spin doctor greenwash garbage that is so prevalent and it would be outstanding? 8-)
Last edited by Joeboy on Wed Jul 12, 2023 11:00 am, edited 1 time in total.
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Adokforme
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2774

Post by Adokforme »

Just adding yesterdays GF output to spreadsheet and discovered this months generation to be only marginally behind that of the whole of last July, in fact I believe this next hour will see it surpassed and we're not halfway through the month yet with unseasonally windy conditions ahead suggested by last evenings weather forecast! :mrgreen:
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Joeboy
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2775

Post by Joeboy »

For anyone interested in the project.

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smegal
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2776

Post by smegal »

Joeboy wrote: Wed Jul 12, 2023 10:42 am Recently posted.

"12/07/2023
We are still looking at an early 2024 switch on date - with the first turbine commissioned in January. Whilst this is not confirmed, all parties involved in your build remain committed to working to this timeline. Your turbines should arrive on site over the next 2 months.

There have been inflationary pressures on costs throughout the project. When we closed the co-op share offer back in May 2022 we explained to you we would be securing a finance facility to fund part of the construction. This is with Virgin Money. Originally we expected this agreement would need to cover approximately £9.7M of construction costs (plus any wrapped up interest). The total facility agreed for £14M takes into account the additional construction costs, and the rolled-up interest as well as a VAT facility that's available during construction.

The increase in the size of the debt facility means that although construction costs have increased slightly (approximately 8.5%), no extra funding is required from members.

Due to uncertainty around energisation timings, the Kirk Hill co-operative board has agreed the PPA price should be fixed from 1st April. This will be when your savings rate for the first year will apply.

Don't worry, Kirk Hill will still be paid for all generation which occurs ahead of 1st April. The electricity will be bought at the half hourly "system price". You will still be able to track your generation from your dashboard (although more likely on a monthly basis).

We will set the wind farm's operating costs for the year starting 1st April, taking into account all revenues received for any generation before that date. We would therefore expect your monthly savings in the first year from April to be slightly higher, resulting from any early revenue received. We will set out more details when we have more clarity over the numbers in the spring."


It is good that Ripple are communicating but I think they have an opportunity to improve further. I'd be willing to bet half a dollar that there is not a single person on here that hasn't been revolted in the past by politicians and corporations who spin, cover or delay?

Ripple have an opportunity to be completely transparent and react quickly to communicate to we the owners. If you are going to be the new thing then be it completely? That an owner found the piece of news and that Virgin Money had the time to put together a press release indicates that Ripple still have a way to go in being at the bleeding edge.

They have nothing to lose by embracing this further. Optics matter, true optics even more so and will be recognised and spoken about and will likely gain them a larger owner base just by word of mouth. Compare that to the spin doctor greenwash garbage that is so prevalent and it would be outstanding? 8-)
Couldn't they raise some money by offering more shares instead of debt. I imagine there are a lot of people who wanted in on Ripple, but were disappointed that project 3 was PV.
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Joeboy
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2777

Post by Joeboy »

smegal wrote: Wed Jul 12, 2023 11:29 am
Joeboy wrote: Wed Jul 12, 2023 10:42 am Recently posted.

"12/07/2023
We are still looking at an early 2024 switch on date - with the first turbine commissioned in January. Whilst this is not confirmed, all parties involved in your build remain committed to working to this timeline. Your turbines should arrive on site over the next 2 months.

There have been inflationary pressures on costs throughout the project. When we closed the co-op share offer back in May 2022 we explained to you we would be securing a finance facility to fund part of the construction. This is with Virgin Money. Originally we expected this agreement would need to cover approximately £9.7M of construction costs (plus any wrapped up interest). The total facility agreed for £14M takes into account the additional construction costs, and the rolled-up interest as well as a VAT facility that's available during construction.

The increase in the size of the debt facility means that although construction costs have increased slightly (approximately 8.5%), no extra funding is required from members.

Due to uncertainty around energisation timings, the Kirk Hill co-operative board has agreed the PPA price should be fixed from 1st April. This will be when your savings rate for the first year will apply.

Don't worry, Kirk Hill will still be paid for all generation which occurs ahead of 1st April. The electricity will be bought at the half hourly "system price". You will still be able to track your generation from your dashboard (although more likely on a monthly basis).

We will set the wind farm's operating costs for the year starting 1st April, taking into account all revenues received for any generation before that date. We would therefore expect your monthly savings in the first year from April to be slightly higher, resulting from any early revenue received. We will set out more details when we have more clarity over the numbers in the spring."


It is good that Ripple are communicating but I think they have an opportunity to improve further. I'd be willing to bet half a dollar that there is not a single person on here that hasn't been revolted in the past by politicians and corporations who spin, cover or delay?

Ripple have an opportunity to be completely transparent and react quickly to communicate to we the owners. If you are going to be the new thing then be it completely? That an owner found the piece of news and that Virgin Money had the time to put together a press release indicates that Ripple still have a way to go in being at the bleeding edge.

They have nothing to lose by embracing this further. Optics matter, true optics even more so and will be recognised and spoken about and will likely gain them a larger owner base just by word of mouth. Compare that to the spin doctor greenwash garbage that is so prevalent and it would be outstanding? 8-)
Couldn't they raise some money by offering more shares instead of debt. I imagine there are a lot of people who wanted in on Ripple, but were disappointed that project 3 was PV.
That's a damn good idea, likely live Kirkhill timeline & 120% limit would scupper it? 'Ripple Prime day'.
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Fintray
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2778

Post by Fintray »

I'm on the Kirkhill waiting list for more shares when/if they become available as others will also be. So if people were willing to buy more you would think they would offer them the opportunity?
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Joeboy
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2779

Post by Joeboy »

Fintray wrote: Wed Jul 12, 2023 12:08 pm I'm on the Kirkhill waiting list for more shares when/if they become available as others will also be. So if people were willing to buy more you would think they would offer them the opportunity?
Suggest it to them? It seems a no brainer to me?
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Adokforme
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Re: Part ownership of a Ripple Wind Turbine, fancy it?

#2780

Post by Adokforme »

Wouldn't that have the effect of diluting the value of the shares already in existance. :?
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