The Dingwall Wind Co-op was developed by David and Richard Lockett (the owners of the land) in partnership with Sharenergy, a co-operative helping to set up RE cooperatives. The turbine operates on the property of the Knockbain Farm near Dingwall. The Locketts’ acquired planning permission and grid connection, after they approached Sharenergy, which assured they can help them with the share offer to the rest of the community. The co-op structure, mitigated some of the risks associated with developing a wind project. Furthermore, Richard specified that he was fond of the idea of shared ownership.
The Wind Co-op owns and runs a 250kW wind turbine (WTN 250) just above Dingwall in Ross-shire. The turbine is the first 100% co-operatively owned wind development in Scotland. The Co-op was launched in September 2013 and the turbine was commissioned in June 2014. The Co-op has 179 members, 90% of whom are from the local area. The shares are between £250 and £20 000, with an average about £4000.
The co-op contributes to a community fund estimated at between £2000 and £8000/year. Members of the Co-op receive a return on their investment and EIS (Enterprise Investment Scheme for Investors) tax relief. The landowners, who originated the project, receive a rental payment for use of their land.