Featured in Purchasing power – 04-2025

Electrons for sale

Corporate power purchase agreements (cPPAs) are a useful tool for project developers seeking finance to build projects. As the UK solar market expands, however, some well-established businesses are ready to embrace a little risk as they consider a future as independent power producers (IPPs).

By

Matthew Lynas

01 Apr 2025

Biodiversity was a focus when Low Carbon built its utility-scale Lackford Estate Solar Park in England. Corporate offtakers see biodiversity gains as an ESG plus, according to the developer. | Photo: Low Carbon

The largest UK solar project to date is expected to come online in April 2025. When it does, a good portion of the 372 MW Cleve Hill Solar Park’s revenue will already be guaranteed through a cPPA.For energy offtaker Tesco, the 15-year cPPA is one of many. Britain’s largest supermarket chain aims to be carbon …

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