In Sweden, NTR has signed a corporate power purchase agreement (PPA), with Microsoft for the provision of clean energy from the 86MW Norra Vedbo wind project owned by NTR and Reichmuth Infrastructure, which is expected to go into operations in Q4 2022. The long-term power purchase agreement assists Microsoft in its plans to offset its Sweden datacentre region energy consumption with 100% carbon-free energy. The Norra Vedbo project consists of 20 Vestas V150 turbines, each with an installed capacity of 4.3 MW and once operational, it is estimated that the project will produce enough clean power to serve the annual consumption of c. 44,000 households.
Meanwhile, NTR battery storage projects have secured ten-year contracts for the supply of grid capacity for the Irish grid system in the capacity auction announced by grid operators Eirgrid and SONI in December 2021. The two projects located in Co. Wexford, Ireland, are amongst only eleven battery projects to be successful in the auction providing 5% of the grid’s capacity requirements. As an emerging clean energy technology, NTR’s battery storage projects are at the vanguard of providing a clean energy alternative to ensuring generation capacity is sufficient to meet demand.
Between them, the two projects comprise 22 MW installed and in addition to capacity, the projects will provide grid firming services to support the grid’s ability to deal with variable power produced by a rapidly expanding fleet of wind and solar projects, helping to address Ireland’s climate goals.