Orsted, the Danish renewable energy company, has announced its foray into the U.K.'s solar sector. The company will collaborate with PS Renewables, a U.K. renewable energy development and construction firm, to develop the One Earth Solar Farm. Once completed, this project will generate enough electricity to power approximately 200,000 homes.
Focus on Sustainability
The proposed solar farm, coupled with battery storage, will predominantly be situated in Nottinghamshire, located in the east midlands of England. Orsted plans to submit a development consent order in 2025 and aims for commercial operations to commence prior to 2030. This initiative aligns with Orsted's global aspiration of achieving 17.5 gigawatts of onshore capacity by 2030. Currently, the company already has over 5.7 gigawatts of onshore renewables in operation, under construction, or consented across Europe and the United States.
Green Energy Targets
The U.K. government has set ambitious goals for the solar sector, aiming to increase solar capacity nearly fivefold to 70 gigawatts by 2035. Orsted's entry into the British solar market marks a significant step towards meeting these targets.
We can expect to see more sustainable developments from Orsted as it continues taking strides towards a cleaner energy future.
Related Articles
![Malaysian Stocks Decline for Third Consecutive Session](https://www.signalsforex.net/img/0888b08e-b978-43c0-bdb4-4db1785eb1d5/news-article-3.jpeg?fm=jpg&q=80&fit=max&crop=1440%2C1080%2C240%2C0)
Malaysian Stocks Decline for Third Consecutive Session
Malaysian stocks experience a decline for the third consecutive session. Other markets in Southeast Asia and Asia-Pacific region show mixed performance.
![Cryptocurrency Market Update](https://www.signalsforex.net/img/0888b08e-b978-43c0-bdb4-4db1785eb1d5/news-article-3.jpeg?fm=jpg&q=80&fit=max&crop=1440%2C1080%2C240%2C0)
Cryptocurrency Market Update
Bitcoin struggles to climb higher as Ether outperforms, driven by optimism around spot ETF approval. Altcoins fuel growth with a focus on Ethereum. Stay informe...
![Hey Elon, why not allow the public into the Twitter deal?](https://www.signalsforex.net/img/0888b08e-b978-43c0-bdb4-4db1785eb1d5/news-article-3.jpeg?fm=jpg&q=80&fit=max&crop=1440%2C1080%2C240%2C0)
Hey Elon, why not allow the public into the Twitter deal?
This article discusses the potential benefits of allowing the public to participate in Elon Musk's $44 billion deal to take Twitter private, including reducing...