Ørsted has entered its first solar project in the United Kingdom. One Earth Solar Farm is a proposed 740-megawatt solar farm with associated battery storage that will primarily be located in Nottinghamshire, near the border of Lincolnshire.
The project is being co-developed with PS Renewables and will generate enough clean, renewable electricity to power up to 200,000 homes, making it one of the largest solar farms in the country. Ørsted said the renewable electricity produced by the solar farm has several potential routes to market including contracts for difference and corporate power-purchase agreements.
PS Renewables and Ørsted are targeting a commercial operation date for the One Earth Solar Farm before 2030.
“Ørsted is committed to investing in a variety of renewable energy sources to ensure reliability and independence of supply,” said Duncan Clark, senior vice president and head of UK and Ireland at Ørsted. “We welcome the UK government’s ambition to install 70 gigawatts of solar capacity by 2035 and look forward to working with the government’s new Solar Taskforce and stakeholders from across the industry to maximize the benefits that solar energy offers to the nation.”
The entry in to the One Earth project is the latest stage of Ørsted’s investment in onshore renewable energy in the United Kingdom and Ireland, following the announcement of Ørsted’s first solar farm in Ireland at Ballinrea (65 megawatts) near Carrigaline in Cork and the acquisition of the 160-megawatt Garreenleen project earlier this year.