Proven reborn “Unfortunately it seems likely that Proven’s new owners will not be obliged to honour its guarantees”

source

Receivers KPMG  said it had now sold the business and its assets to Kingspan Renewables.

The receivers said the successful sale not only safeguarded the jobs of 20 Proven Energy staff but provided an opportunity for continued manufacturing at the company’s Stewarton facility. “Kingspan Renewables intends to launch 6kW and 3kW turbines, incorporating the high performance, reliability and key features of the Proven P11 and P7 models, and will manufacture these products in Stewarton.

“A decision on whether or not to launch a 15kW turbine will be made at a later date, but any launch is unlikely to be before January 2013.”

Meanwhile, KPMG said suppliers or customers who have any claims with regard to warranties or other matters relating to the P7, P11 and P35 turbines should lodge a claim via the receivers and not with Kingspan.

“Unfortunately it seems likely that Proven’s new owners will not be obliged to honour its guarantees, which is not great news for farmers who have turbines on their land that are standing idle and who invested in the technology in good faith.”

See also Icon Energy collapse in wake of Proven and kingspan

Scottish farmer article

“The entry of larger organisations should also mean improved standards and procedures, with reliability and quality not an issue as the sector moves away from the cottage industry approach.”  teehee yeah right.

See also Myriad CEG helplines for Proven customers

A technical note.

DiameterMost useful rating kW ratingMax power rating Name(MWh/month @6m/s)
3.5 metres 3kWsince early 1990s Proven7
5.5 metres 6kWsince late 1990s Proven11
8.5 metres 15kWsince early 2000s but Proven35not yet fully developed.
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One Response to Proven reborn “Unfortunately it seems likely that Proven’s new owners will not be obliged to honour its guarantees”

  1. Tom Hart says:

    Is it thought that the p35 (and p35-2) was a step too far?

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