BayWa r.e. sees strong success in UK renewables auction
To date there have been four CfD allocation rounds, and, in the recent Allocation Round Four (AR4), BayWa r.e. has successfully secured CfDs for eight renewable energy projects. These include six solar projects, totalling 236MW, as well as two onshore wind projects, totalling 98MW.
These projects represent an important contribution to securing the reliable, long-term supply of domestically-generated, renewable energy. They will also support the UK government’s ambitions in meeting its Net Zero emission commitment by 2050, and the Net Zero emission electricity system target by 2035.
John Milligan, Managing Director for BayWa r.e. UK, said: “In the face of climate and energy crises, it is more important than ever to deliver low-cost, as well as zero-carbon energy to UK consumers. The implementation of renewable projects is key to this and is why our success in the recent AR4 round is a fantastic result, not only for us as a business but also for the wider industry."
“The growth and development of BayWa r.e.’s portfolio has been a team effort over the last few years, so success in this round is a great reward which recognises the determination of the team. We look forward to continuing our work in the UK to help achieve vital sustainability milestones.”
CfDs are the UK government scheme that promote investment into large scale low carbon electricity generation. Renewable developers in Great Britain can compete for contracts by submitting sealed bids into the CfD auction.
Successful BayWa r.e. Projects
- Driffield (30MW), Yorkshire
- Scurf Dyke (49.9MW), Yorkshire
- Bracks (20MW), Cambridgeshire
- Fambridge Hall (45MW), Essex
- Corner Copse (49.9MW), Wiltshire
- Rag Lane (42MW), Gloucestershire
- High Constellation (50MW), Argyle & Bute
- Broken Cross (48MW), Lanarkshire