Half-yearly report for 2019
Half-yearly report for 2019
In our Half-yearly report for 2019, you will find everything you need to know about the performance of Gale and Gusto, our financial performance, community work, upcoming dividend and our $500,000 dollar grant to develop a community-owned solar farm. Below is a brief snapshot of the report and you can read the full report here.
If you are a member and you did not receive an email containing the half-yearly report please contact our team (comms@hepburnwind.com.au) so we can update your details.
Dividend – Members need to update their details with Link
Hepburn Wind will offer our first dividend to members this year. If you are a member, please update your details with our Share Registry Provider – Link Marketing Services. If you need assistance with this process please contact admin@hepburnwind.com.au
Solar announcement
Hepburn Wind received a grant for $500,000 dollars in November from the State Governments’ Renewable Communities Program, to develop our very own community-owned solar farm. This project will seek to implement best practice agricultural solar and improve the economies of scale for our co-operative.
Market and Financial performance
Our wind farm has benefited from increased average wind speeds (.33 m/s higher than the same time last year) taking our generation to 5,654 MWh (591 MWh higher than this time last year). This has increased our generation income, despite a drop in the value of renewable energy certificates. Our total income at the end of December was at $1,096,663.
Updates on our partnerships
- The Hepburn Solar Bulk Buy hit 1MW of solar ordered. There have been recent changes to the solar installer, please read the report for more details.
- The Z-NET Hepburn Community Transition Plan (the Masterplan) will be released in the coming months, offering detailed pathways for key stakeholders in our community to stage a transition to zero-net emissions.
- Renowned artist, Cameron Robbins completed a three-week residency at the Wind Farm, culminated in a two-day exhibition of drawings, film, and photographs held at our local Leonards Hill Hall.
