PPAYA signs up the UK’s largest subsidy-free wind farm to landmark PPA deal
PPAYA has arranged its largest power purchase agreement to date after signing up Crossdykes Wind Farm, the UK’s biggest fully subsidy-free wind farm.
Crossdykes is a 46MW wind farm based in Scotland and constructed by Muirhall Energy and their partners, WWS Development.
It consists of 10 turbines which produce enough electricity to power nearly 45,000 homes.
It is a transmission connected site and was last year the first subsidy-free wind farm to enter the energy balancing market and capacity market.
PPAYA has also arranged the site’s new balancing mechanism deal - National Grid ESO’s main tool for balancing supply and demand close to real time.
Kristina Rabecaite, PPAYA’s CEO, said: “I am delighted that we have been able to secure a PPA for a site as large as Crossdykes, ensuring they get a very competitive price for the electricity they produce. It is a glowing endorsement of how effective PPAYA’s strategy and technology is in finding the best prices for renewable energy for generators.”
In less than six months, PPAYA has arranged PPAs for in the region of 80 renewable energy production sites across wind, hydro, solar and anaerobic digestion, which provide a total of 160MW of renewable electricity.
Van Stewart, Commercial Manager at PPAYA, said: “With this contract we will now start to see the magnitude of this world-class onshore wind farm, and the beginning of the end to the conventional heavily subsidy-backed projects in the renewable energy sector.
"We are proud to have played a major part in securing this landmark Power Purchase Agreement for Crossdykes."
Chris Walker, Managing Director of Muirhall Energy, said: “We were extremely impressed with the service provided by PPAYA: negotiating such a strong PPA agreement for Crossdykes ensures that we are paid a sustainable price for the renewable energy we generate, without the need for subsidies, but also means the local community here in Dumfries and Galloway, which owns 5% of the site, will receive more much-needed funding from our profits.”