Voltalia accelerates its growth in the UK with two solar projects totalling 90 megawatts under construction
08 September 2022 - 7:30AM
Voltalia accelerates its growth in the UK with two solar projects
totalling 90 megawatts under construction
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable energies,
announces that it has won Contracts for Difference
(CfD) for the Clifton and Higher
Stockbridge projects in the recent Allocation Round 4 (AR4)
auction.
In the context of a climate emergency and rising
energy prices, there is an urgent need for projects that respond to
the UK’s legally binding net-zero commitments and deliver energy
security. This transition can be achieved by producing green energy
at a competitive price. In this context, Voltalia is pleased to
announce that it has been successful in the recent CfD AR4 auction
securing 20-year contracts for two 45-megawatt photovoltaic
projects in the 2024/2025 delivery year.
Following the contract award Voltalia has
launched construction of the two 45 megawatts solar projects,
Clifton Solar and Higher Stockbridge Solar. Both projects are
located in Dorset, with Clifton Farm located near Yeovil and Higher
Stockbridge located nearby in Sherbourne. Together the two plants
will generate the equivalent amount of clean, renewable energy as
is consumed by more than 50,790 inhabitants in UK a year1. The
commissioning dates are planned in the last quarter of 2023 and
first quarter of 2024.
In the UK, Voltalia now owns a portfolio of five
solar and storage facilities under operation and construction with
a total capacity of 179 megawatts. Its track record in the
country also includes construction and operation for third-party
clients of 23 solar and storage projects totalling
195 megawatts.
"We are very pleased to have been awarded the
90-megawatt Clifton and Higher Stockbridge CfD contracts. This
latest win highlights our commitment to the UK market and our
support of the country’s ambition to see 95% of electricity being
low carbon by 2030. These projects demonstrate that solar projects
can be rapidly deployed, which can contribute to the power market
re-balancing. Following the 49.9-megawatt solar power sales
contract for the City of London Corporation in 2020 and the 32
megawatt / 32 megawatt-hour Hallen BESS storage power plant in
2021, these latest projects allow us to further strengthen our
position in the UK, one of the leading renewable energy markets in
the world," said Sébastien Clerc, CEO of Voltalia.
Voltalia’s
presence in the UK
Present in the country since 2012, Voltalia has
built and operated 22 solar plants for third-party customers with a
total capacity of 193 megawatts. In 2017, Voltalia was also in
charge of the construction of a lithium-ion battery storage unit
with a capacity of 2 megawatts / 2.4 megawatts for a
third-party customer.
As a renewable energy generator, Voltalia owns a
series of power facilities with a total capacity of
179 megawatts under operation or construction. Voltalia was
awarded a 15-year power sales contract with the City of London
Corporation in 2020 which will be produced by the South Farm solar
power plant, currently under construction. With a capacity of 49.9
megawatts, it is located in Spetisbury, Dorset. Voltalia also owns
and operates the Tonge solar power plant which has been operational
since 2016. With a capacity of 7.3 megawatts, this plant is located
in Sittingbourne, Kent. In addition, Voltalia owns and operates the
Hallen Battery EnergyStorage System (BESS), a 32 megawatts /
32 megawatt-hours, lithium-ion battery storage power plant
located near the city of Bristol in the Avonmouth area.
Next on the agenda: First
half 2022 results, on
September 28, 2022 (before market opening)
About Voltalia
(www.voltalia.com) |
Voltalia is an international player in the renewable energy sector.
The Group produces and sells electricity generated from wind,
solar, hydraulic, biomass and storage facilities that it owns and
operates. Voltalia has generating capacity in operation and under
construction of more than 2 GW and a portfolio of projects under
development representing total capacity of 11.1 GW. Voltalia is
also a service provider and supports its investor clients in
renewable energy projects during all phases, from design to
operation and maintenance. As a pioneer in the corporate market,
Voltalia provides a global offer to private companies, ranging from
the supply of green electricity and energy efficiency services to
the local production of their own electricity. The Group has more
than 1,400 employees and is present in 20 countries on 3 continents
and is able to act worldwide on behalf of its clients. Voltalia is
listed on the regulated market of Euronext Paris, compartment B
(FR0011995588 – VLTSA) and is part of the Enternext Tech 40 and CAC
Mid & Small indices. The Group is also included in the
Gaïa-Index, an index for socially responsible midcaps. |
Loan Duong, Head of Communications & Investor relationsEmail:
invest@voltalia.comT. +33 (0)1 81 70 37 00 |
ActifinPress Contact: Jennifer Julliajjullia@actifin.fr
. T. +33 (0)1 56 88 11 11 |
1
https://www.statista.com/statistics/295551/average-household-size-in-the-uk/
- Voltalia accelerates its growth in the UK with two solar
projects totalling 90 megawatts under construction
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