UK-based NextPower UK ESG (NPUK ESG) has signed a 20-year sleeved Power Purchase Agreement (PPA) for the Llanwern Solar Farm, located in Newport, Wales, with an installed capacity of 75 MW. The agreement, which covers 90% of the solar farm’s electricity output and associated Renewable Energy Guarantees of Origin (REGOs), involves selling power to Anglian Water Services (AWS) with the assistance of EDF and SSE. This four-way contract allows the intermittent solar energy to be transformed into baseload power for AWS, aligning with their decarbonization goals. The PPA in renewable energy, providing long-term, inflation-linked revenue for the PV farm while supporting AWS in its sustainability efforts. The 260-acre Llanwern Solar Farm will power approximately 20,606 homes per year.
NextPower signs 20-year solar PPA in UK
NextPower UK ESG signs a 20-year inflation-linked solar PPA for the Llanwern Solar Farm, covering 90% of its output. (Image Source: NextEnergyCapital)
Denmark’s City Council will determine the project’s next steps based on community input and environmental standards. (Image Source: GreenGo Energy)
The 5-year agreement between SOLARCYCLE and Runergy promotes the circular economy, using recycled solar panels to create glass for high-efficiency modules. (Image Credit: SOLARCYCLE)
Sumitomo Corporation is aiming for 5 GW of renewable energy capacity by 2030 by expanding its new PV and BESS projects in Virginia. (Image Credit/ Source:Jack Carey/Pexels )
Construction projects are progressing with a view to being fully operational within the next 18 months. (Image Source: Cordelio Power)