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Gaia Wind in liquidation
- Thread starter jcb360
- Start date
That’s a shame. They were making a good small scale turbine at an affordable price.
The government have made a right hash of this withdrawing subsidy so rapidly.
Does not bode well for agriculture after brexit
wasted years
Member
- Location
- Cumbrian born and bread
I think that inability to get planning will have had as much if not more effect than the sub reduction as there are hardly any getting permission on shore anyway.
It looks to me like the foreign owned companies have the off shore machines sown up so they will be able to reduce build costs due to volume.
The politicians got scared of public opinion with regard to onshore wind and that was the end of that.
It looks to me like the foreign owned companies have the off shore machines sown up so they will be able to reduce build costs due to volume.
The politicians got scared of public opinion with regard to onshore wind and that was the end of that.
- Location
- South Wales UK
Wonder who will buy em
- Location
- East Essexshire
Seen it coming for a while, parts have been near impossible to get from them.
- Location
- Aberdeenshire
bit of a bummer, just took out an extended warranty last year, will have to check if it was by them think it was underwritten by another company, still a pain for servicing and parts for a while. 
- Location
- South Wales UK
All going bang slowly ???
- Location
- East Essexshire
All set up to milk the subsidy system, and go bust when they get reduced.
Hope they’re bought out quickly. We’ve had ours nearly 8 years and are pleased with how the turbine has performed.
- Location
- Scottish Highlands
Nearly bought one a few years ago and chickened out. Curious though - given all outlay and all income, would you say that you are in profit yet?
- Location
- South Wales UK
Never be "in profit"when Revenue and Rates get their bits?
- Location
- Northumberland
This is getting rather tiresome - a Gaia shouldn't have to pay any rates and the "Revenue" doesn't kick in until there are profits.
Not so sure they will be bought out as all of the 12 staff contracts were terminated yesterday. Inside knowledge
- Location
- Bedfordshire
- Location
- South Wales UK
Tell the Revenue then M8 !
Yes, only within this tax year. After costs it has returned approx 13% on investment. They were £45k installed back in 2010 though. From memory they increased in price sharply not long after that.
renewablejohn
Member
- Location
- lancs
Dont be so quick to dismiss, the rates exemption I believe is only English valuation office and does not apply to Wales. As for the Revenue its not classed as part of farm income so cannot be offsett against losses to help with the 5 year rule. You could even be double taxed with farm losses you cannot use but with wind turbine income which you have to pay tax on.
- Location
- Essex
Don't build industries on false money - like farming?
Princess Pooper
Member
- Location
- East Mids
Yes 'liquidation' is a different kettle of fish to 'administration' - which is where they hope to find a buyer.
- Location
- South Wales UK
You be surprised how many "industries" received grants ,subsidies and sweetners ???