Ørsted has entered its first solar project in the UK. One Earth Solar Farm is a proposed 740 MW solar farm, with associated battery storage, that will primarily be located in Nottinghamshire near the border of Lincolnshire and is being co-developed with PS Renewables.
A development consent order (DCO) submission is planned for 2025 and local and stakeholder consultation will begin later this month. PS Renewables and Ørsted are targeting a commercial operation date for the One Earth Solar Farm before 2030. The renewable electricity produced by the solar farm has several potential routes to market including contracts for difference and corporate power purchase agreements.
Ørsted is taking a phased ownership in the project with the achievement of key milestones.
Kieran White, Senior Vice President of Onshore in Region Europe at Ørsted, said: “With a strong Irish onshore portfolio already in place, we are delighted to begin our journey in the UK solar market with PS Renewables, who have been successfully delivering large-scale solar projects for more than a decade.”