Torrs Hydro New Mills Limited


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An Artist Impression of the scheme

The Project

Torrs Hydro New Mills Limited was established for the specific purpose of owning the Torrs Hydro Electric scheme by Torr Weir on the River Goyt in New Mills in the High Peak of Derbyshire. A share of the revenue from the scheme will help Torrs Hydro achieve it's aim to help regenerate the community and to promote the environmental sustainability of the New Mills area. We have a lease from New Mills Town Council, planning permission and an abstraction license from the Environment Agency and the building work has now started.

We believe we are the first community funded hydro electric scheme. More details on who we are

The Share Offer is now closed

To make the project happen we needed the money to build the scheme. Some is coming from grants and loans but we completed a public share issue in January 2008.
Shareholders now have their own page here

The next step

Now all we have to do is built it!
Work, managed for us by Water Power Enterprises, started in March and it is scheduled to finish in July.
The main contractor is Western Renewable Energy
The news section of their website has some photos of progress to date.
Follow the progress on our blog
 


The Site in July 2007 after a day of heavy rain

Latest News

  • The Big Lift - We have a date for the arrival of the screw. It will involve shutting the Union road bridge for three hours and lowering the screw down into the Torrs.
    The date is Sunday 8th June, the day after the carnival.

  • We now have a blog (an interactive diary)
    There are some fantastic photos and details of what is currently happening on the site.

  • We have a Logo! It looks great and we shall launch it soon.

  • On April 30th, director Till Geiger spoke with H2oPE's Steve Welsh to a public meeting in Sheffield. They are looking to start a community owned hydro electric scheme.

More stories

Key Milestones

  • January 2007 Public information weekend
  • June 2007 Full planning permission granted
  • Sept 2007 Torrs Hydro New Mills formed
  • 23 Nov 2007 Torrs Hydro Prospectus launched
  • 26 Jan 2008 One Year On exhibition
  • 31 Jan 2008 Share Offer closed
  • Mar 2008 Construction begins
  • 8 June 2008 The screw is delivered
  • July 2008 Commissioning starts
  • Sept 2008 Grand opening ceremony (and General Meeting for shareholders)

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Last updated: 05-Nov-2007.