Planning permission received for new solar sites

RNS Number : 1445X

Good Energy Group PLC

17 November 2014

 



17 November 2014

Good Energy Group PLC

("Good Energy" or the "Company")

Planning permission received for three new solar sites

Good Energy Group PLC, the AIM-quoted renewable electricity supplier and generator, is pleased to announce that it has received planning permission for three new solar farms totalling more than 25MW.

Two of the solar farms (5.8MW and 4.9MW respectively) are located in Dorset and are expected to be commissioned within the first half of 2015. In respect of the third 15MW site, in Wales, due to uncertainties around subsidies and grid connection availability which are unlikely to be resolved until 2017, the Board does not consider that this site will deliver any meaningful return until that time.

Earlier this year, Good Energy commissioned its first two solar sites in Dorset and Cornwall (totalling 6.8MW).

Juliet Davenport, OBE, Founder and CEO of Good Energy, said:" Each solar farm that gains planning consent offers the opportunity for more renewable electricity to be produced and supplied to customers here in the UK.

"Receiving planning permission for solar sites is excellent news, helping us towards our goal of generating 50% of the electricity our customers need from our own sites by 2016. In addition, once commissioned, the sites will help contribute to their respective county renewable energy targets.

"Each site will also deliver benefits to local people via a community fund and to the surrounding natural environment through bespoke ecological plans."

For further information, please contact:

Good Energy Group PLC

Juliet Davenport, Chief Executive

Denise Cockrem, Chief Financial Officer                               01249 766795

N+1 Singer (Nominated Adviser & Broker)

Ben Wright, Jen Boorer                                                          020 7496 3000

Camarco (Financial PR Adviser)

Geoffrey Pelham-Lane, Billy Clegg, Georgia Mann                020 3757 4980

Good Energy Press Office                                        

Gill Dickinson                                                                          01249 765540

Notes to editors:

- Good Energy is a fast-growing100% renewable electricity supply company, offering value for money and award-winning customer service.

- An AIM-listed PLC, and founder member of the Social Stock Exchange, its mission is to support change in the energy market, address climate change and boost energy security.

- Good Energy matches over the course of a year all the electricity its customers use with power from renewable sources.

- For the last three years, the company has topped the Which? energy company customer satisfaction survey. Good Energy's dual fuel tariff is cheaper on average than the standard tariffs sold by the 'Big 6' before discounts.

- It now has more than 46,000 renewable electricity customers and 20,000 gas customers. It works with a community of 66,000 small and medium scale renewable electricity generators (All figures as at 30 June 2014).

- Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm, and also owns and operates Hampole Wind Farm, near Doncaster. The company also owns and operates two solar farms - Woolbridge in Dorset, and Creathorne Farm in North Cornwall.

-Good Energy aims to deliver 50% of electricity from its own renewable generation assets by 2016.

- It won Company of the Year in the British Renewable Energy Awards 2013 and was named as the best green electricity supplier 2013 by the UK's leading ethical and environmental magazine, Ethical Consumer. Most recently, it won Best Utilities PLC 2014 in the UK Stock Markets Awards.

 

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