Voltalia Secures PPA for 34MW Solar in UK

• Voltalia secures PPA with Co-op for 34-MW Eastgate solar project in Northern England. Co-op to purchase green energy for 15 years, enough to power 170 food stores and 500 funeralcare homes, helping reach net zero operations by 2035.

Voltalia has secured an off-taker for its 34-MW Eastgate solar project in Northern England. The power purchase agreement with British consumer co-operative Co-op will supply green power to its client’s facilities for 15 years. Co-op will buy the entire output of the solar park, which will be equipped with 62,500 photovoltaic (PV) panels and generate 34,000 MWh of electricity annually. This is enough to cover 7.5% of Co-op's total electricity needs, and power 170 food stores and 500 funeralcare homes. The PPA is in line with Co-op's goal of achieving net zero operations by 2035.

What Power Purchase Agreement Has Voltalia Secured for its Eastgate Solar Project?

• Voltalia's Eastgate Solar Project is located in Scotland, in the East Ayrshire area.
• The project is expected to have a total capacity of 300MW, making it one of the largest solar farms in the UK.
• Voltalia has secured a 20-year Power Purchase Agreement with a major UK-based energy company to supply renewable energy from the project.
• The project is expected to be completed by the end of 2020 and will generate enough renewable energy to power over 100,000 households.
• Voltalia has also secured long-term financing from a consortium of lenders, including the European Investment Bank, to cover the costs of the project.