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EDF Renewables UK has signed a Corporate Power Purchase Agreement (CPPA) with major retail and commercial bank, NatWest.
Through this contract, 49.99 MW of renewable power will be provided to NatWest from Porth Wen Solar Farm located in Anglesey, North Wales, with power balancing and shaping services provided by EDF Business Solutions.
Construction is already underway and will be completed in 2023. EDF Renewables UK is proud that over 60% of the workforce during the enabling and civils works have been local.
CEO of EDF Renewables UK, Matthieu Hue said “We are delighted to be working with NatWest. This project demonstrates our ability to develop solar in the UK through innovative routes to market, to provide solutions for our customers in terms of low cost renewable energy whilst helping to de-carbonise the UK electricity system.”
James Close, Director of Climate Change at NatWest Group, said “We are pleased to be working with EDF Renewables UK to deliver the Porth Wen Solar Farm. When it is completed later this year, it will supply the grid with renewable electricity equivalent to the usage of 9,500 average UK homes*. As well as producing low carbon electricity, the solar farm project will also enhance local biodiversity and nature in Anglesey, with a mile-long wildlife corridor being planted.
For several years, EDF in the UK has been forging ahead with a number of solutions, helping commercial and industrial customers find the best way to achieve their low carbon ambitions through generating renewable energy.