Ripple Energy wind farm?

chqshaitan

NedS said:

@Martyn1981 Thanks for crunching the numbers. So how does this compare to a wind farm?

Also, I note above, you mention 40 year lifespan of the project - is this more than for the previous wind projects, and how does that impact on returns? As someone in my mid 50's, I may not live another 40 years but happy to pass it on if we don't.

25 years is my understanding for a wind farm, but it may be extended if there is some remedial work undertaken towards the end of its life., but this has not been confirmed

Raxiel

I'm a bit confused. I paid my £25 for a reservation last year, and I've had the announcement email, but the site is still just telling me I'll be able to turn my reservation into ownership when the share offer opens. No kind of quote or anything else.

Are existing owners on other projects getting first pick or something?

Exiled_Tyke

Raxiel said:

I'm a bit confused. I paid my £25 for a reservation last year, and I've had the announcement email, but the site is still just telling me I'll be able to turn my reservation into ownership when the share offer opens. No kind of quote or anything else.

Are existing owners on other projects getting first pick or something?

No you are not being disadvantaged. Everyone is in the same boat.  It looks like they've decided on a project and got far enough ready to purchase land and be able to connect to the grid etc..  I guess they wanted to announce asap and are now preparing the documentation for us all. 

Raxiel

Exiled_Tyke said:

Raxiel said:

I'm a bit confused. I paid my £25 for a reservation last year, and I've had the announcement email, but the site is still just telling me I'll be able to turn my reservation into ownership when the share offer opens. No kind of quote or anything else.

Are existing owners on other projects getting first pick or something?

No you are not being disadvantaged. Everyone is in the same boat.  It looks like they've decided on a project and got far enough ready to purchase land and be able to connect to the grid etc..  I guess they wanted to announce asap and are now preparing the documentation for us all. 

I see the quote page now, its on the public bit of the site as a "this is what you could get" example, not on the account side.

Exiled_Tyke

chqshaitan said:

NedS said:

@Martyn1981 Thanks for crunching the numbers. So how does this compare to a wind farm?

Also, I note above, you mention 40 year lifespan of the project - is this more than for the previous wind projects, and how does that impact on returns? As someone in my mid 50's, I may not live another 40 years but happy to pass it on if we don't.

25 years is my understanding for a wind farm, but it may be extended if there is some remedial work undertaken towards the end of its life., but this has not been confirmed

The Kirk Hill project gives shareholders rights for 20 years. After which it is expected that there will be enough funds left to pay for decommissioning costs.  However recently a wind farm had it's planning permission extended from I think 25-40 years.  It's not clear what will happen with Kirk Hill if there is still life in the project. 

NedS

Exiled_Tyke said:

chqshaitan said:

NedS said:

@Martyn1981 Thanks for crunching the numbers. So how does this compare to a wind farm?

Also, I note above, you mention 40 year lifespan of the project - is this more than for the previous wind projects, and how does that impact on returns? As someone in my mid 50's, I may not live another 40 years but happy to pass it on if we don't.

25 years is my understanding for a wind farm, but it may be extended if there is some remedial work undertaken towards the end of its life., but this has not been confirmed

The Kirk Hill project gives shareholders rights for 20 years. After which it is expected that there will be enough funds left to pay for decommissioning costs.  However recently a wind farm had it's planning permission extended from I think 25-40 years.  It's not clear what will happen with Kirk Hill if there is still life in the project. 

Most new solar projects in the listed funds seem to be on the basis of 40-year planning consent currently. Not sure what the actual operating lifespan is, but presumably could be that long with good maintenance.

chqshaitan

Good panels are typically rated at 80% of their maximum output after 25 years, but this will continue dropping, but even 60-70% is still decent enough.

Exiled_Tyke

NedS said:

Exiled_Tyke said:

chqshaitan said:

NedS said:

@Martyn1981 Thanks for crunching the numbers. So how does this compare to a wind farm?

Also, I note above, you mention 40 year lifespan of the project - is this more than for the previous wind projects, and how does that impact on returns? As someone in my mid 50's, I may not live another 40 years but happy to pass it on if we don't.

25 years is my understanding for a wind farm, but it may be extended if there is some remedial work undertaken towards the end of its life., but this has not been confirmed

The Kirk Hill project gives shareholders rights for 20 years. After which it is expected that there will be enough funds left to pay for decommissioning costs.  However recently a wind farm had it's planning permission extended from I think 25-40 years.  It's not clear what will happen with Kirk Hill if there is still life in the project. 

Most new solar projects in the listed funds seem to be on the basis of 40-year planning consent currently. Not sure what the actual operating lifespan is, but presumably could be that long with good maintenance.

Yes. Ripple are suggesting their solar farm will be a forty year contract/life span.

Exiled_Tyke

chqshaitan said:

Good panels are typically rated at 80% of their maximum output after 25 years, but this will continue dropping, but even 60-70% is still decent enough.

Although most of on these boards with PV haven't noticed any signficant drop off in the (relatively short) time we've had them so far..

JKenH

But if you are unlucky enough to have a faulty panel or inverter it can be expensive and time consuming to sort out, even if you have a warranty. With an investment in Ripple the panels are fit and forget.