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Spring Update 2013
The weather has finally warmed up enough so that the main kiosks could be painted a matt dark brown. Comments have so far been favourable with regards to the colour change. The trees that have been planted are now showing signs of growth and the contractors will shortly be sowing grass seed.
Our weather is certainly unpredictable at the moment having gone from a very wet period during construction to a recent dry period. We are still working with the contractors to realise the maximum output.
Naming ceremony – 22nd November
Recently we ran a competition to name the Archimedes screw. Children in the Discoverers and Adventurers classes at Ruswarp Primary School were asked to come up with suggestions for the hyro development team to choose from.
We are pleased to announce that the winners of our competition to name the Archimedes screw are Isabella from the Discoverers and Katie from the Adventurers. The name they both suggested is ‘Eureka!‘
 Cutting the ribbon |
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Testing the turbine
Just a quick post to say – yes, the turbine turns and can generate electricity!
Turbine turns for first time
The turbine was finally turned for the first time on 30th October!
Click here to see the turbine being tested.
Commissioning of the turbine is set for 12th November – not long now.
Ruswarp Hydro meeting notes 10th September 2012
Minutes from the joint liaison meeting held on 10th September 2012.
Last chance to buy shares in current share issue
As we expect to be exporting electricity from November, the Directors have decided to close the current share issue on Wednesday 31st October. This will be your last chance to buy shares or increase your shareholding under the terms outlined in the current prospectus. Any future share issues will have less favourable terms as there will be less risk involved once we are generating.
Once we have been trading for four months we will be applying for the share issue to be part of the Enterprise Investment Scheme, which means that if you’ve invested £500 or more in any tax year you would be eligible for 30% tax relief on the cost of your shares.
Improving the look of the site
Having spoken with local residents, the Directors have decided to investigate painting the turbine kiosks dark brown and put in planting and screening on the river side of the main kiosk.
Help is needed to plant trees on site on Saturday 1st December (following Saturday if weather not suitable). If you would like to join the tree planting group, email Caryn, or phone 01642 723137, so that she can update you on arrangements and plan for refreshments after in the Bridge Inn.
Commissioning the turbine
We are very close to commissioning the turbine now. If there are no more glitches, commissioning and testing should be completed by the 31st October. Fingers crossed all goes to plan now we are so near the end of the construction phase.
The children of Ruswarp Primary School are helping us name the turbine. Once we have commissioned the turbine we will confirm a date for you to join us at a naming ceremony in November.
Visual impact of the kiosk
Last week the turbine kiosk was installed. Like the local residents, the Directors of Esk Energy are concerned about the visual impact of the kiosk.
Plans were already in place to plant trees and shrubs once the contractor had finished. However, the Directors are aware that further work will need to be done to improve the view of the site. Therefore, they are actively exploring different options.
The Directors will consult with local people in the near future with regards to the feasible options identified.
