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Solwaybank becomes one of the latest Contracts for Difference projects to come online
RES, working alongside Low Carbon Contracts Company (LCCC), is delighted to announce that Solwaybank Wind Farm has become one of the latest projects in the Contracts for Difference (CfD) portfolio to come online.
Under the terms of the CfD, the contractual milestone of Operational Conditions Precedent (OCP) signifies a project has satisfied the eligibility criteria required for it to start generating electricity and receiving support. Solwaybank achieved its OCP and Start Date on 27 November 2020.
The 30MW Solwaybank Wind Farm in Dumfries and Galloway is owned by The Renewables Infrastructure Group Limited (TRIG), a leading London-listed renewable energy infrastructure investment company, and the project is managed by RES, the world’s largest independent renewable energy company.
James Rushton, LCCC’s Director of Scheme Delivery, said: “Seeing Tralorg and Solwaybank come online is a fantastic way to round off 2020. The Covid-19 pandemic presented challenges to all of our teams, but our strong relationships across Tralorg and Solwaybank were integral in supporting both projects to achieve their OCPs. We look forward to continue working with both wind farms as they approach their final CfD milestones and fulfil a vital role in transforming UK energy generation.”
Lucy Whitford, MD Development & Construction, RES, said: “Solwaybank is a testament to the experience and capabilities of all the teams involved in bringing the project online. Collaboration and clear communication with the contract management team at LCCC have been important for RES and TRIG in reaching this milestone. Onshore wind farms like Solwaybank will make a significant contribution to low carbon energy generation at a critical moment on the road to net zero emissions. Alongside delivering decarbonisation at the least cost to consumers, RES’ strong track record of maximising inward investment from onshore wind means the successes at Solwaybank are bringing local benefits for Dumfries and Galloway.”
