PLANS to fund a 50-metre-high wind turbine near Lampeter were unveiled at an event held at The Grannell Hotel in Llanwnnen attended by Ceredigion MP Ben Lake. 

Grannell Community Energy plans to install an Enercon 500kW 50-metre-high and 48-metre blade span wind turbine at Ffrwd farm near Cribyn, over the next few months.

They say it will generate approximately 1700 MWh of electricity per year - enough for about 450 homes.

Elly Foster, chair of Grannell Community Energy, said: “It was an interesting evening with lots of members of the community coming along to find out more about the project and how they can get involved. It’s really encouraging to see so many people interested in this project and demonstrates that there is an appetite for renewable energy and helping the environment in the local area.”

The local community energy project is offering individuals the chance to invest their own money for a ‘share’ in the turbine. 

As a shareholder and member of the project, individuals will receive interest on their shares, and will also automatically get a say in how the community fund is distributed to help and support local projects.

As an incentive for individuals who live near the wind turbine and in the SA48 postcode area shares will be offered at a minimum of £100; to individuals outside this postcode the minimum shares that can be bought is £250.

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