Centrica introduces brand-new department to target 650MW of solar

Oct 26, 2021 11:28 AM ET
  • Centrica Business Solutions has actually released a brand-new group to create, build, handle as well as optimise a portfolio of grid-connected solar and also battery possessions.
Centrica introduces brand-new department to target 650MW of solar
Image: Centrica

To date, Centrica has completed over 85MW of solar projects in the UK, including a 4,000 panel project for the British Army at the Defence School of Transport near Beverley, Yorkshire.

The energy titan is targeting a portfolio of 650MW of solar farms by 2026, which its new introduced Centrica Energy Assets will now develop.

Furthermore, the company is seeking to grow its battery portfolio over the very same duration, with an ambition of hitting around 900MW of low carbon possessions. The battery assets would certainly be managed using Centrica Business Solutions' PowerRadar need side action platform, which was obtained with the acquisition of Belgian business REstore in 2017.

PowerRadar accumulations little, flexible generation loads to form a virtual power plant, enabling asset tp attain optimal worth across secondary as well as wholesale markets, stated Centrica. In Addition, Centrica Energy Marketing & Trading ensures a further route to market, and already takes care of around 20% of business power purchase contracts in Europe, the company said.

The creation of Centrica Energy Assets will certainly aid the energy giant reach it's net no by 2045 target aiding to decrease the carbon web content of the Centrica's energy supply.

" In recent weeks, we've seen a commitment from Government to a green grid by 2035, but to achieve this it's vital we develop out the level of storage to help take care of supply and also need," said Greg McKenna, taking care of director of Centrica Business Solutions.

" This brand-new group will certainly invest in the innovation that will aid us get to that 2035 target and offer the back-up that ensures we can make finest use of the renewable energy produced."


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