Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Statkraft signs ten-year agreement with Workspace and Gresham House for Devon solar farm

London, 08 January 2024, (Oilandgaspress): – Statkraft, Europe’s largest renewable power generator, and a leading provider of market access and optimisation services has signed a Power Purchase Agreement with Gresham House, and a Corporate Power Purchase Agreement with Workspace simultaneously, for the Gresham House-managed Beavor Grange Solar Farm in Devon. The 20MW solar farm is large enough to power the equivalent of 6,000 homes, or two-thirds of Workspace’s total power demand.

This agreement, which runs for ten years, from February 2024, will see Workspace receive as-generated power from the solar farm in Devon and receive renewable energy guarantees of origin (REGOs) to show the source of the power. Workspace have also agreed to use Statkraft’s Firming service, which converts as-generated power into baseload, allowing the company to incorporate this into their standard supply contract.A Firming service is where Statkraft take the as-generated power from the asset and buys power from the market when the generator is not producing power and sell surplus during high production periods, meaning a pre-agreed consistent amount of power is provided to the offtaker.


Information Source: Read More

Energy ,Petrol , Electric Power , Natural Gas , Oil , Climate , Renewable , Wind , EV , LPG , Solar , Electric , Electric Vehicles, Hydrogen, Oil Price ,Crude Oil, Supply, Biomass , Sustainability,

#FOLLOW US ON INSTAGRAM