Vodafone UK Closes 10 Year Deal for Three New Solar Farms

Vodafone UK has signed a 10-year agreement for power generated from three new solar farms in Lincolnshire, Worcestershire and Nottinghamshire, ensuring clean energy and supporting its ambition to achieve net zero UK operations by 2027.

Vodafone UK will buy a large proportion of the electricity output from solar farms, ensure their development and bring additional renewable power provision to the UK grid. Energy generation is expected to begin by the end of 2022.

The deal, between Vodafone, Centrica as power supplier, and MYTILINEOS ’Renewables & Storage Development Business Unit as generator, supports the UK government’s ambition to focus on home-grown, clean and more affordable energy and so on. will boost long -term energy independence. and security.


Power Purchase Agreements are key to Vodafone’s renewable energy acquisition strategy. This is the second such agreement, and follows the construction of two onshore wind farms, in Northamptonshire and Lincolnshire, which together provide 75 gigawatt hours of renewable electricity per year. Taken together, these assets will provide more than 20% of Vodafone UK’s annual energy needs and guarantee access to long -term, high -quality renewable power supplies.

When fully operational, solar farms are expected to supply more than 100 gigawatt hours (GWh) of renewable electricity annually, enough for a town of nearly 30,000 households a year.[2]; and save approximately 25,000 tons of CO2e emissions, equivalent to getting 14,860 vehicles a year off the road. Approximately 55GWh of green electricity will be allocated to Vodafone UK, with the remainder to be sold to balancing and merchant power markets through Centrica’s Energy Marketing & Trading business.

Ahmed Essam, CEO of UK, Vodafone
Achieving our ambitious net zero targets is a critical part of our company strategy. Right now, our entire business in the Uk and Europe is powered by 100% renewable electricity. Today’s announcement ensures that a large proportion of our energy needs, over at least the next 10 years, will be home-grown in the UK. I’m glad Vodafone is helping promote the development of new renewable power sites and supporting the delivery of greener energy to the UK grid.

.

#Vodafone #Closes #Year #Deal #Solar #Farms #Source Link #Vodafone UK Closes 10 Year Deal for Three New Solar Farms

Leave a Comment