BayWa r.e. wins 153MW UK O&M contract

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The deal includes an option to add a further 190MW of projects to the coverage. Credit: BayWa r.e.

BayWa r.e. has won the O&M contract for a 153MW solar portfolio in the UK.

The 15-year contract covers 16 utility-scale projects owned by Magnetar Solar in England and Wales. It also includes an option to add a further 190MW of projects to the coverage in the future. The company was selected via a competitive tender process.

BayWa r.e. recently opened an office in Milton Keynes and now has a UK wind and solar O&M portfolio of around 800MW.

“Our tender set out to identify the right partner to operate, maintain and add value to our sites for the long term, and we are confident that BayWa r.e. can deliver in this role,” said Alan Shaffran, director, Magnetar Solar.

“Among other strengths, BayWa r.e’s focus on safety, systems and monitoring made them stand out from the crowd during the tender process. We are delighted to have such an experienced and committed team taking over the maintenance of the projects,” he added.

Tess Sundelin, MD of BayWa r.e. Operation Services, said: “Throughout the process we have been consistently impressed by Magnetar’s detailed knowledge of the sites, thorough and thoughtful tendering and contracting strategy, and evident commitment to responsibly optimising the long-term value of their assets.”

The UK has more than 13GW of installed solar. Recent exclusive findings by our market research division found that there is a gigawatt-scale pipeline of subsidy-free projects currently in the planning system.

Read Next

May 11, 2021
Europe’s solar technology specialists may need up to €7 billion (US$8.51 billion) in capital investment in order to scale up domestic manufacturing to be globally competitive, according to a panel of industry leaders.
May 7, 2021
German agriculture group BayWa has said its renewables business saw an “unusually strong” start to the year, driven by high demand for solar modules and the sale of a PV plant in Japan.
May 6, 2021
Norwegian energy company Equinor has secured a 1.6GW solar project pipeline in Poland by acquiring local renewables developer Wento.
May 5, 2021
Europe’s solar industry has lauded the inclusion of a commitment to "re-ignite" Europe's solar manufacturing sector within the European Commission’s refreshed industrial strategy.
PV Tech Premium
May 3, 2021
Companies are purchasing solar, wind, and other forms of renewable energy more than ever before. The power purchase agreement (PPA) market in Europe has grown to a cumulative capacity of over 12GW, with a record 4GW signed in 2020. Corporate climate commitments are opening doors for investment in renewable energy, and continued price declines are convincing companies to sign new contracts. Is the European market ready to fulfil its potential? By Dr. Mercè Labordena, senior policy advisor at SolarPower Europe, and Milena Koot, communications advisor at SolarPower Europe
April 28, 2021
Renewable energy group BayWa r.e. has opened what it claims is its largest PV warehouse in Europe yet in a bid to expand its distribution network in the continent.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021