PPAYA has arranged a power purchase agreement for the 46MW Crossdykes wind farm in Scotland.
The project is located 11km North-West of Langholm and 13km North-East of Lockerbie and was constructed by Muirhall Energy and their partners, WWS Development.
It is the UK’s largest fully subsidy-free wind farm, consisting of 10 turbines which produce enough electricity to power nearly 45,000 homes.
It is also a transmission connected site and was last year the first subsidy-free wind farm to enter the energy balancing market and capacity market, PPAYA said.
Crossdykes is PPAYA’s largest power purchase agreement sign-up so far, following the company’s launch last summer.
PPAYA has also arranged the site’s new balancing mechanism deal, National Grid ESO’s main tool for balancing supply and demand close to real time.
PPAYA said that in less than six months, it has arranged PPAs for in the region of 80 renewable energy production sites across wind, hydro, solar and anaerobic digestion, which provide a total of 160MW of renewable electricity.
The company added that it has built a user-friendly platform which helps generators sell their energy at the best time for the best price, reducing the burden of market tracking and administration
PPAYA chief executive officer Kristina Rabecaite said: “I am delighted that we have been able to secure a PPA for a site as large as Crossdykes, ensuring they get a very competitive price for the electricity they produce.
“It is a glowing endorsement of how effective PPAYA’s strategy and technology is in finding the best prices for renewable energy for generators.”
PPAYA commercial manager Van Stewart said: “With this contract we will now start to see the magnitude of this world-class onshore wind farm, and the beginning of the end to the conventional heavily subsidy-backed projects in the renewable energy sector.
“We are proud to have played a major part in securing this landmark Power Purchase Agreement for Crossdykes.”
Muirhall Energy managing director Chris Walker said: “We were extremely impressed with the service provided by PPAYA: negotiating such a strong PPA agreement for Crossdykes ensures that we are paid a sustainable price for the renewable energy we generate, without the need for subsidies, but also means the local community here in Dumfries and Galloway, which owns 5% of the site, will receive more much-needed funding from our profits.”