RE: Value of a a Wind Farm per MW30 Jul 2025 08:12
Glenskinnan Renewable Energy Park
Parkmead continues to advance its stake in the Glenskinnan Renewable Energy Park, a major integrated renewables project being developed in partnership with Galileo Empower, a leading European renewable energy developer.
The integrated scheme is being designed to deliver up to 98 MW of wind generated electrical capacity across 14 turbines, alongside 20 MW of solar PV and 30 MW of battery storage. Parkmead's owned land at Pitreadie will accommodate over 50% of the combined installed capacity proposed in the planning application, making it a central component of the development.
Key milestones include:
- Initial public consultation, completed in April 2025
- Scheme design being finalised in 2H 2025
- Second public consultation scheduled for end of Q3 2025
- Section 36 planning application to be submitted to Scottish Government during Q4 2025
Parkmead and Galileo are currently finalising commercial arrangements ahead of the Section 36 application, with the project representing a significant step forward in the Group's renewable energy strategy.