ERG Group has entered into a long-term Power Purchase Agreement (PPA) with Amazon to supply renewable energy from its 47-megawatt (MW) Corlacky wind farm in Northern Ireland. The wind farm, which is under construction, is expected to be completed by the fourth quarter of this year, with commercial operations set to follow shortly thereafter.
Once operational, the Corlacky wind farm will consist of 11 Vestas V117 turbines, each with a capacity of 4.3MW, totaling an installed capacity of 47.3MW. The wind farm is projected to generate around 176 gigawatt hours (GWh) annually, enough to meet the energy consumption needs of more than 55,000 UK households, according to ERG.
Paolo Merli, CEO of ERG, highlighted the significance of the agreement, stating, “This important agreement with a global corporate player confirms ERG’s leadership in the PPA market, which are fundamental tools for stabilising revenues in a volatile price scenario.”
He added, “Thanks to this additional agreement, the amount of energy securitised by the Group through PPAs increases to more than 3TWh per year.”
The deal further solidifies ERG’s commitment to expanding its renewable energy portfolio and providing long-term, stable energy solutions in the global market.