RWE secures Contracts for Difference for 290 megawatts of solar PV and onshore wind capacity in UK Allocation Round 7
United Kingdom, Feb. 10 -- The UK government has announced today the results of Allocation Round 7 (AR7) for 'Pot 1' established renewable technologies, including onshore wind and solar PV. In the competitive auction, five RWE solar projects comprising 215 megawatts (MW) and three onshore wind projects totalling 76 MW were successful. The solar projects secured Contracts for Difference (CfD) at a strike price of £65.23 per megawatt hour (MWh). The onshore wind projects secured contracts at a strike price of £72.24/MWh. Strike prices are reported in 2024 prices and will be inflation-indexed for the 20-year duration of the contract.RWE already operates over 30 onshore wind farms in the United Kingdom, with a total capacity of 730 MW...
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