Ridge Clean Energy Wins Four AR7 Contracts for Difference

Ridge Clean Energy Ltd (RCE) is pleased to announce four RCE projects were awarded Contracts for Difference in the UK AR7 auction, for which results were announced on Tuesday. The successful projects are:

• Fair Oaks Renewable Energy Park in Nottinghamshire (49.9 MW solar/50 MW BESS)
• Six Oaks Renewable Energy Park in Cambridgeshire (35 MW solar/50 MW BESS)
• Sunny Oaks Renewable Energy Park on the Isle of Wight (18 MW solar/28.5 MW BESS)
• Three Oaks Renewable Energy Park in East Riding of Yorkshire (39 MW solar/25 MW BESS)

Betsy Glasgow-Vasey, Power Markets Director for RCE, commented: ‘All four projects are designed to create an important contribution to the local community. We will continue to deliver locally as we build and operate our renewable energy parks at the same time contributing local business rates and construction jobs.’

Mrs Glasgow-Vasey further commented, ‘As a UK-based SME, we see a substantial opportunity for renewable companies to make a meaningful difference across the country by using skills locally to help the Government achieve a successful roll-out of the £15billion Warm Homes Plan by 2030.  As we work to deliver our CfD projects, we will lend our expertise to help nearby communities make the most of this national endeavour, as well as provide key community benefit funding to answer local needs.’