BSR and Shell Energy Europe sign new power purchase deal

18 January 2018 (Last Updated January 18th, 2018 11:28)

British Solar Renewables (BSR) has signed an offtake agreement with Shell Energy Europe for electricity generated at Bradenstoke solarpower facility in the UK.

British Solar Renewables (BSR) has signed an offtake agreement with Shell Energy Europe for electricity generated at Bradenstoke solarpower facility in the UK.

The facility is managed and operated by BSR and is owned by Siem Europe.

With a 69.8MW peak capacity and a 50MW alternating current (AC) export capacity, the facility is equipped with 269,000 solar panels.

Situated on 213 acres of land at the former RAF Lyneham site, the site is capable of producing roughly 65GWh of renewable energy and offloads more than 21,000t of carbon dioxide (CO2) annually.

“Power purchase agreements (PPA) provide stability in a volatile energy market.”

BSR managing director and chief financial officer Graham Harding said: “Power purchase agreements (PPA) provide stability in a volatile energy market and we are delighted that we have been able to work with Shell Energy Europe to complete this five-year agreement, which will enhance the value of the largest solar park in England.”

The company has built 500MW of solar infrastructure in the UK so far and has connected more than 520MW.

Shell Energy Europe’s North West Europe general manager Jonathan McCloy said: “The UK is one of our key markets for power and we’ve been exploring ways to increase our power presence in the country on both the buy and sell side.

“The deal with BSR helps us achieve this goal and is a significant boost to our renewable power portfolio in the UK.”