Voltalia commissions UK South Farm solar project
- The City of London Corporation will purchase all the power created by the site
Voltalia has actually commissioned the South Farm solar project based near the village of Spetisbury in Dorset.
The business authorized a 15-year business power purchase agreement in 2020 with City of London Corporation to buy all the power from the 49.9 MW project.
The deal, which was the very first of its kind in the UK to be signed straight between a renewables manufacturer and a public governing authority, will certainly help City of London Corporation supply economical as well as sustainable electrical power supply shielded from the price volatility of energy markets.
It will cover over half the City Corporation's electrical energy requirements, powering buildings including its historic Guildhall, three wholesale markets as well as the Barbican Arts Centre.
" The completion of South Farm is a great achievement. I would like to warmly say thanks to all the Voltalia teams as well as our neighborhood British suppliers and also subcontractors, who have actually been collaborating on this project. In the existing energy crisis, we are really honored to provide tidy and low-cost electricity to a few of London's most iconic landmarks," claimed Sébastien Clerc, Chief Executive Officer of Voltalia.
" With this 15-year agreement we are actively sustaining the City of London Corporation in mitigating its energy budget volatility as well as reaching its net carbon zero target by 2027."
Keith Bottomley, Chairman of the City Corporation's Environment Committee, included: "This scheme is a pioneering plan by the City Corporation for neighborhood authorities across the UK, cutting carbon emissions and also offering cheaper, much more safe energy, secured from the cost volatility of energy markets.
" The offer will certainly increase our green energy supply, has no dependence on taxpayer funding, and also aids us transition quickly far from nonrenewable fuel sources."