Project News Archives • Community Windpower https://foxgloveenergysupply.com/category/project-news/ Fri, 18 Oct 2024 13:00:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://foxgloveenergysupply.com/favicon.png Project News Archives • Community Windpower https://foxgloveenergysupply.com/category/project-news/ 32 32 Foxglove Energy Supply Ltd agrees trading PPA for Aikengall https://foxgloveenergysupply.com/cwp-energy-agrees-trading-ppa-for-aikengall/ Fri, 18 Oct 2024 08:35:54 +0000 https://foxgloveenergysupply.com/?p=2231 Two year deal for 48MW Aikengall Wind Farm between Foxglove Energy Supply Ltd and SSE Energy Markets

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Foxglove Energy Supply Ltd has entered into a route-to-market power purchase agreement (PPA) with SSE Energy Markets for one of their Scottish wind farms.

The two-year agreement with between Foxglove Energy Supply Ltd and SSE Energy Markets covers the 48MW Aikengall 1 Wind Farm in East Lothian.

Under the structure of the agreement, SSE Energy Markets will optimise the asset on behalf of Foxglove Energy Supply Ltd, ensuring that Foxglove Energy Supply Ltd is able to capture market reflective prices while not being fully exposed to market fluctuations.

Additionally, SSE Energy Markets will manage the power and associated environmental certificates (REGOs).

Aikengall 1 consists of 16 turbines and became operational in 2009.

Gordon Bell, Managing Director of SSE Energy Markets, said: “Within SSE Energy Markets we have a growing focus on delivering best-in-class route to market services and bringing an independent value add to the Group.

“This agreement with Foxglove Energy Supply Ltd is a clear example of our approach, with a flexible structured route-to-market PPA designed to best meet the generator’s requirements.

“We look forward to working with Foxglove Energy Supply Ltd to optimise the wind farm at Aikengall, bringing our expertise to these important assets.”

Rod Wood, Managing Director of Foxglove Energy Supply Ltd , said: “SSE Energy Markets is one of the biggest names in the electricity market and their offer here was compelling, so it made perfect sense for us to diversify our customer base by placing the PPA for one of our biggest wind farms with SSE Energy Markets.

“The depth of knowledge within their delivery team made completing the transaction incredibly easy, and we are very much looking forward to building this relationship over the years to come.”

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Introducing Foxglove Energy Supply Ltd https://foxgloveenergysupply.com/introducing-cwp-energy/ Tue, 10 Sep 2024 08:41:17 +0000 https://foxgloveenergysupply.com/?p=1879 Community Windpower has rebranded to Foxglove Energy Supply Ltd .

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Community Windpower has rebranded to Foxglove Energy Supply Ltd .

This is to reflect the expansion of our core business from onshore wind to developing and operating renewable energy assets including solar, storage and green hydrogen manufacturing. In the UK we have a development pipeline exceeding 3 GW across these disciplines.

Rod Wood, Managing Director, said: “Foxglove Energy Supply Ltd has been growing and evolving since 2001, and our new identity reflects our leading vision within the renewable energy industry and our determination to play our part in supporting the UK and Scotland’s transition to a Green energy economy and delivering net zero grid by 2030. We remain a leading clean energy investor in UK with particular emphasis on creating local jobs for UK and Scottish companies, whilst remaining staunchly supportive of our local communities backing local initiatives with funding and support.”

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