The wind farm project committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Grassridge Winds of Change Community Trust holds 26% of the shares in the project company.
More info on the project website http://www.innowind.com/grassridge/
The Grassridge Wind Farm is a 61.5 MW project comprising of 20 Vestas turbines. The Department of Energy approved the project in Round 2 of the REIPPPP. It is situated on mining land close to Port Elizabeth (Eastern Cape) and has been fully operational since January 2016.
The wind farm project committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Grassridge Winds of Change Community Trust holds 26% of the shares in the project company.
More info on the project website http://www.innowind.com/grassridge/
The Grassroots Youth Development (GYD) platform (developed by InnoWind) manages the local enterprise and socio-economic development commitments of the Waainek wind farm on behalf of the project company.
Between the 3 wind farms currently managed by InnoWind, GYD supports over 30 community-based organisations and has spent in excess of ZAR 5 million in 2015 – 2016.
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The Grassridge Winds of Change Community Trust holds a 26% shareholding in the wind farm company and will benefit from a steady dividend stream throughout the facility’s 20 years+ of operation.
These funds are being directed towards socio-economic initiatives within the communities surrounding the wind farm.
The wind farm committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Makana Winds of Change Community Trust holds 26% of the shares in the project company.
More info on the project website http://www.innowind.com/waainek/
The Waainek Wind Farm is a 23.6 MW project comprising of 8 Vestas turbines. The Department of Energy approved the project in Round 2 of the REIPPPP. It is situated on farmland just outside of Grahamstown in the Eastern Cape and has been fully operational since January 2016.
The wind farm committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Makana Winds of Change Community Trust holds 26% of the shares in the project company.
More info on the project website http://www.innowind.com/waainek/
The Grassroots Youth Development (GYD) platform (developed by InnoWind) manages the local enterprise and socio-economic development commitments of the Waainek wind farm on behalf of the project company.
Between the 3 wind farms currently managed by InnoWind, GYD supports over 30 community-based organisations and has spent in excess of ZAR 5 million in 2015 – 2016.
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The Waainek Winds of Change Community Trust holds a 26% shareholding in the wind farm company and will benefit from a steady dividend stream throughout the facility’s 20 years+ of operation.
These funds will be directed towards socio-economic initiatives within the communities surrounding the wind farm.
The wind farm committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Chaba Winds of Change Community Trust holds 26% of the shares in the project company.
More info on the project website http://www.innowind.com/chaba/
The Chaba Wind Farm is a 21.5 MW wind farm comprising of 7 Vestas turbines. The Department of Energy approved the project in Round 2 of the REIPPPP. It is situated on farmland close to the town of Komga, on the border of the former Transkei region (Eastern Cape province) and has been fully operational since September 2015.
The wind farm committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. The Chaba Winds of Change Community Trust holds 26% of the shares in the project company.
More info on the project website http://www.innowind.com/chaba/
The Grassroots Youth Development (GYD) platform (developed by InnoWind) manages the local enterprise and socio-economic development commitments of the Chaba wind farm on behalf of the project company.
Between the 3 wind farms currently managed by InnoWind, GYD supports over 30 community-based organisations and has spent in excess of ZAR 5 million in 2015 – 2016.
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The Chaba Winds of Change Community Trust holds a 26% shareholding in the wind farm project company and will benefit from a steady dividend stream throughout the facility’s 20 years+ of operation.
These funds will be directed towards socio-economic initiatives within the communities surrounding the wind farm.
The wind farm’s primary area of community development is Hopefield. The project committed 1.5% of its total revenue towards socio-economic development and 0.5% towards enterprise development. A community trust holds 5% of the shares in the project company.
Video: https://vimeo.com/125551738
The Umoya wind farm is a 66.6MW project comprising 37 Vestas V100 turbines. The Department of Energy approved the project in Round 1 of the REIPPPP. It is situated on farmland close to the town of Hopefield in the Western Cape and has been fully operational since February 2014.
The wind farm’s primary area of community development is Hopefield. The project committed 1.5% of its total revenue towards socio-economic development and 0.5% towards enterprise development. A community trust holds 5% of the shares in the project company.
Video: https://vimeo.com/125551738
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Socio-Economic Development |
17.1 mil |
Enterprise Development |
R 4.7 mil |
The Hopefield Wind Farm Local Community Company holds 5% of the total shares in the wind farm project company. The beneficiaries of the trust’s activities are the residents of the town of Hopefield.
The wind farm’s primary areas of community development are in Cookhouse, Somerset East, Bedford and Adelaide. The project committed 1% of its total revenue towards socio-economic development. A community trust holds 25% of the shares in the project company.
The Cookhouse wind farm is a 138.6MW project comprising 66 2.1MW Suzlon turbines. The Department of Energy approved the project in Round 1 of the REIPPPP. It is situated on farmland close to the town of Cookhouse in the Eastern Cape and has been fully operational since Nov 2014.
The wind farm’s primary areas of community development are in Cookhouse, Somerset East, Bedford and Adelaide. The project committed 1% of its total revenue towards socio-economic development. A community trust holds 25% of the shares in the project company.
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Socio-Economic Development |
R 7.2 mil |
Enterprise Development |
Voluntary criteria and the Cookhouse wind farm focuses on SED |
The Cookhouse wind farm trust holds 25% of the total shares in the wind farm project company. The beneficiaries of the trust’s activities are the residents of the of Cookhouse, Somerset East, Bedford and Adelaide. For the next 3 years the Community Trusts focus will primarily be to improve primary and high school education, with the an emphasis on Mathematics, Science, Literacy, Numeracy and Youth Leadership Development.
The wind project committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. A community trust holds 5% of the shares in the project company.
More info on the project website http://noupoortwind.co.za/
The Noupoort Wind Farm is a 80 MW project comprising of 35 Siemens SWT-2.3-108 turbines. The Department of Energy approved the project in Round 3 of the REIPPPP. It is situated on farmland close to the town of Noupoort in the Northern Cape province and is fully operational since 11 July 2016.
The wind project committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. A community trust holds 5% of the shares in the project company.
More info on the project website http://noupoortwind.co.za/
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Socio-Economic Development |
R1.7 mil |
Enterprise Development |
R1.2 mil |
The Noupoort Renewable Energy Community Trust owns 5% of the wind farm and came into existence through loans; 50% from the Development Bank of South Africa and 50% from Company’s Shareholders. The community development trust will, in the initial phase, pay back the loan before the benefits starts flowing into the community. The community trust will focus on Education, Health, Agricultural, Sports and cultural, and Social Welfare development.
The wind projects committed 1.5% of its total revenue towards socio-economic development and 0.6% to developing local enterprises. A community trust holds 5% of the shares in the project company. Loeriesfontein is the beneficiary community for both projects.
More info on the project website http://loeriesfonteinwind.co.za/ and http://khobabwind.co.za/
The Loeriesfontein Wind Farm is a 138.23MW wind farm comprising of 61 Siemens SWT-2.3-108 turbines. The Khobab Wind Farms is a 137.74MW wind farm comprising of 61 Siemens SWT-2.3-108 turbines. The Department of Energy approved the two projects in Round 3 of the REIPPPP. Both wind farms are situated on farmland 62km from the town of Loeriesfontein in the Northern Cape province and are expected to be fully operational December 2017.
The wind projects committed 1.5% of their total revenue towards socio-economic development and 0.6% to developing local enterprises. A community trust holds 5% of the shares in each project company. Loeriesfontein is the beneficiary community for both projects.
More info on the project website http://loeriesfonteinwind.co.za/ and http://khobabwind.co.za/
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Socio-Economic Development |
R0.18 mil |
Enterprise Development |
R 0 mil |
The Loeriesfontein and Khobab Renewable Energy Community Trust, which owns 5% of the wind farms came into existence through loans; 50% from the Development Bank of South Africa and 50% from Company’s Shareholders. The community development trust will, in the initial phase, pay back the loan before the benefits starts flowing into the community. The community trust will focus on Education, Health, Agricultural, Sports and cultural, and Social Welfare development.
The wind farm’s primary area of community development are the towns of Jeffreys Bay, Humansdorp, Loeries, Thornhill, St Francis, Oyster Bay, Gibson Bay, Hankey and Patensie. The wind project committed 1.1% of its total revenue towards socio-economic development and 0.4% to developing local enterprises. A community trust holds 6% of the shares in the project company.
More info on the project website http://jeffreysbaywindfarm.co.za/
The Jeffrey’s Bay Wind Farm is a 138 MW wind farm comprising of 60 2.3MW turbines. The Department of Energy approved the project in Round 1 of the REIPPPP. It is situated on farmland close to the town of Jeffrey’s Bay in the Eastern Cape province and is fully operational since July 2014.
The wind farm’s primary area of community development are the towns of Jeffreys Bay, Humansdorp, Loeries, Thornhill, St Francis, Oyster Bay, Gibson Bay, Hankey and Patensie. The wind project committed 1.1% of its total revenue towards socio-economic development and 0.4% to developing local enterprises. A community trust holds 6% of the shares in the project company.
More info on the project website http://jeffreysbaywindfarm.co.za/
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Socio-Economic Development |
R 17.2 mil |
Enterprise Development |
R 6.4 mil |
The Amandla Omoya Trust represents the local communities and holds 6% of the total project shares. To finance its share of the cost of constructing the project, the trust secured a loan from the Development Bank of South Africa (DBSA). The loan will be repaid through the shareholder dividends generated by the project and once repaid the trust will use its share of the dividends to benefit the local community. The Trust was established to provide economic development support to the local community living within the 50km radius with 85% of the beneficiaries being black.