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!‘
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.
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.
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.
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.
After a long wait the turbine has actually arrived on site.
Watch the arrival and lifting of the turbine into place.
Thanks to the Co-operative Enterprise Hub for their help with gaining wide press coverage.