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EDF signs optimisation deal for Verdant sites

 

Walpole and Cowley co-located projects expand UK renewables partnership

EDF has signed optimisation and power purchase agreements with Verdant Energy to offtake solar generation and trade battery output from the developer’s Walpole and Cowley projects.

The deal builds on their existing partnership and follows the 50MW Warley co-located project agreed in September 2023. EDF said the new agreements reinforce its position as the UK’s largest buyer of renewable power, with the biggest PPA market share under contract.

Each site will combine solar generation with battery energy storage, allowing power to be stored during peak production and released to the grid when demand is high. EDF said the co-location model boosts efficiency and supports the UK’s net zero goals by increasing the availability of low-carbon power.

Stuart Fenner, director of wholesale market service commercial at EDF, said: “We’re thrilled to have signed agreements for two additional co-located solar and battery sites with Verdant Energy, further solidifying our leadership in renewable energy optimisation. These projects exemplify our commitment to innovation and driving value for our partners by leveraging cutting-edge optimisation strategies and co-location efficiencies, while supporting the UK’s goal of achieving a low-carbon, electric future.”

More information:https://renews.biz/103229/edf-signs-optimisation-deal-for-verdant-sites/