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Olive Green and New Park announce joint venture
Olive Green Energy is pleased to announce the formation of a Joint Venture with New Park, one of the UK's leading developers of Science and Technology Parks. The JV, StoerGreen Limited, plans to develop, build, own and operate several renewable energy projects on property owned by New Park, starting with a Biomass CHP plant at the Forss Business & Technology Park.
"We are very pleased to be partnering with New Park to advance our project development aims in Scotland", said Ryan Hammond, Business Development Director at Olive Green. He added "As a business that has significant land holdings and a track record of successful property development in Scotland, New Park is an ideal partner for Olive Green."
StoerGreen combines the land holdings and property development expertise of New Park and the renewable energy development and technical expertise of Olive Green Energy. With planning applications already submitted for several projects, StoerGreen is well on the way to delivering the first of what is expected to be numerous renewable energy projects.
For more information on Olive Green Energy please visit www.ogenergy.com and for New Park, www.newpark.co.uk.
Contact: Ryan Hammond at
Olive Green Energy now owns 100% of Wind Ventures
Olive Green Energy is pleased to announce that it now owns 100% of Wind Ventures Ltd., following the purchase of our former JV partner's share in the business. With over 60MW of onshore Wind Energy projects under development, we will continue to develop both these and future Wind Energy projects under the Wind Ventures brand.
OGE to develop a multi-technology renewable energy project in South Wales
Olive Green Energy has concluded the final stages of commercial negotiations, with the owner of a commercial warehouse complex in South Wales, to develop a multi-technology renewable energy project. The first stage of the project will consist of a Biomass CHP plant and potentially a 2.5MW wind turbine. The CHP plant will supply heat to the warehouse tenants as well as an onsite industrial user. Together with the wind turbine, the project will have a combined electrical power output of approximately 3.5MWe.
It is believed that this project is unique in its use of various renewable technologies, and is a perfect example of how Olive Green Energy is able to apply the most appropriate technology mix to maximise a particular site's energy generation potential.
Wind Ventures appoints Daly International UK Ltd
Wind Ventures Ltd. appoints Daly International UK Ltd. to provide a range of project management and property based professional services in connection with the development of wind farms throughout England.
Based in the UK, Wind Ventures (www.windventures.co.uk) a wholly owned subsidiary of Olive Green Energy (www.ogenergy.com) has been established to develop onshore Wind Energy projects in the UK and Europe.
Ross Glover, Director of Wind Ventures, stated:
"We have an ambitious growth target in the UK and our alliance with Daly International is an excellent opportunity for us to benefit from the expertise and resources of an established UK based company, who are able to provide proactive project management and property based professional services, together with immediate access to an extensive network of potential sites suitable for development."
Mike Jericevich, of Daly International responded:
"We are pleased to have been appointed by Wind Ventures to participate in this exciting project, where we believe we are able to add real value. We look forward to developing a long and profitable working relationship."
Member of the Renewable Energy Association
Member of the British Wind Energy Association