EDF Renewables Inks 3 PPAs with Tesco to Provide Electricity from Solar, Wind

As per the deal, EDF Group arm will provide an aggregate 60 MW of renewable energy to Tesco, comprising from seventeen roof-mounted solar installations along with two Scottish onshore wind farms.

Tesco Store

With an aim to provide renewable energy through solar and wind energy sources in the UK, EDF Renewables has entered into three corporate Power Purchase Agreements (PPAs) with Tesco, a leading multinational retailer.

As per the deal, EDF Group arm will provide an aggregate 60 MW of renewable energy to Tesco, comprising from seventeen roof-mounted solar installations along with two Scottish onshore wind farms.

The move will be part of the French company’s 2030 strategy to double its renewable energy capacity globally to 50 GW.

Commenting on the agreement signed, Tesco UK and Republic of Ireland CEO, Jason Tarry said “our supply chain and long-term business sustainability depend on the health of the natural environment. Our customers and colleagues expect Tesco to play its part in caring for the planet. This project represents a major milestone in our journey to using 100 per cent renewable electricity by 2030.”

According to the 20 year agreement signed, UK’s one of the leading renewable energy developer will install 15,000 roof-mounted solar photovoltaic (PV) panels on Tesco’s 17 stores in England. This rooftop solar project will be having a total installation capacity of 5 MWp.

Moreover, the construction of the plant has already been started and is expected to be completed by the end of 2020.

As part of the 15 year PPAs inked for two wind projects, the company will build one project having total installed capacity of 42 MW on Burnfoot East wind farm and another wind project of 43 MW capacity on another place in Scotland, however, the company said that it will disclose its details at a later stage.

Furthermore, EDF’s Burnfoot project will be comprised of 3 wind turbines having aggregate 10.8 MW installed capacity. It is expected to be completed by mid-2020.

“These projects show the ability of EDF to provide diverse solutions for customers in terms of low cost renewable electricity. These exciting projects also demonstrate our ability to develop subsidy free solar and wind in the UK as well as underpinning the important part these technologies play in de-carbonising the UK electricity system to reach the country’s net zero targets by 2050,” said Matthieu Hue, CEO, EDF Renewables UK.

Manu Tayal

Manu Tayal

Manu is an Associate Editor at Saur Energy International where she writes and edits clean & green energy news, featured articles and interview industry veterans with a special focus on solar, wind and financial segments.

      SUBSCRIBE NEWS LETTER
Scroll