AGP Sustainable Real Assets

Here's AMPYR Distributed Energy CCO Miles Thomas on how businesses can access the expertise required to secure an onsite renewable generation system that is right for them, with zero upfront cost and no maintenance charges - removing barriers to their #netzero journey: "With rigid national decarbonisation targets looming, solar is set to play a pivotal role in offsetting reliance on fossil fuel consumption, as well as accelerating progress towards the cleaner, greener, more decentralised energy landscape of tomorrow. Importantly, the fact that significant private sector funding is available reduces pressure on the government to fund the transition, upgrade the grid and single-handedly subsidise the rapid adoption of renewables. With budgets clearly a hot topic of conversation, the ability to alleviate pressure will not only protect the public purse, but also deliver the rapid growth of distributed energy that the government desperately needs. This should be seen as a major opportunity on the road to net zero. Many businesses may think that going beyond buying renewable energy to explore the advantages of onsite generation is too daunting, especially with challenges and barriers around grid connections, capacity, returns, pricing and liabilities. However, when it comes to distributed energy, the models for deployment have been tried and tested worldwide. At ADE, we plan to deploy more than £300m capital (including debt) on projects across the UK and Europe. Central to our ethos is to make it simple for organisations to realise the full potential of onsite renewables to reduce both energy costs and supply security risk. What this means in practice is that businesses can access both the expertise and the funding required to secure a system that is right for them, with no upfront costs. We understand that businesses don’t want renewable energy installations to be a liability, so we take the pressure completely off." #renewableenergy #solarenergy #distributedenergy

Great news from AMPYR Energy USA (AEUSA), which has signed long-term power purchase agreements (PPAs) with Duke Energy for two projects – one including energy storage – totaling 195 peak megawatts (MWp) of utility-scale solar energy generation in South Carolina. Once operational, the projects will supply electricity to power about 30,000 homes in South Carolina. "AMPYR Energy USA is proud to be a part of the clean energy transition and contributing toward the economic growth of the communities in which we operate," said Sumeet Bidani, Chief Development Officer of AEUSA. Congratulations, team! #renewableenergy #solarenergy #southcarolina

More exciting news from AMPYR Solar Europe (ASE), which recently closed a framework project finance facility of up to £200 million with NORD/LB, the “energy transition bank of choice”. The facility will enable ASE to construct and operate around 400MWp of solar PV assets in the UK. The facility will be drawn immediately to finance the Northwold Solar PV asset in Norfolk, with more assets to follow in 2024 and through 2025. More information is in the press release. Well done! 🌞

Here's AMPYR Distributed Energy CEO John Behan, CFA discussing the pivotal role that distributed energy and private finance play for businesses in mitigating supply risks and creating long-term certainty. Decarbonising operations and accelerating towards net zero is fast becoming a board-level business priority. Amid energy price volatility, rent hikes, supply chain disruptions and rising inflation, businesses are looking for sustainable, funded solutions to streamline their balance sheets. Which can now be achieved with no upfront costs. Distributed energy offers several business-critical advantages. It not only helps to reduce energy costs (in some cases by up to 50%) and lower carbon emissions, but also supports business resilience by reducing reliance on centralised energy supply. Thanks to the availability of Power Purchase Agreements (PPAs), an agreement that sees renewable energy generation technology installed by a provider and sold to a customer at a cost-effective fixed price, distributed energy is affordable and easy to implement. What’s more, it delivers these benefits almost immediately. #renewableenergy #distributedenergy #solarenergy #netzero

More from the AMPYR Solar Europe Groensebos Solar Park launch, a project that combines clean energy generation and ... blueberries! Check out the video for more! #renewableenergy #solarenergy

AMPYR Solar Europe has achieved financial close on the 96 MWp NOP solar plant in the Netherlands. The project, in Noordoostpolder, will feature four solar parks operating as a single renewable energy asset, powering 30,000 homes and saving more than 36,000 tonnes of carbon emissions annually. Congratulations to the team for developing an exciting and innovative solution! 🌞🌞🌞 #renewableenergy #solarenergy

Drawing together the elements required for a utility-scale solar project is complex – from finding the right land in the right location and obtaining the necessary permits, to engineering and procurement, financing, power sales and the construction of generation assets, through to the operation, maintenance, monitoring and optimisation of the plant itself. The best approach is one that includes detailed feasibility studies, is agile enough to overcome unforeseen obstacles, provides the option to co-locate and integrate solar power storage technologies, and considers how the value of the assets can be optimised, long before they are built. An additional critical consideration is ensuring that robust environmental, social and governance (ESG) principles are integrated at every stage of the project. This involves not only minimising environmental impact and promoting sustainable land use but also engaging with local communities to guarantee that their needs and concerns are being addressed. AMPYR Solar Europe has just published a free guide to delivering utility-scale solar power projects, offering best-practice advice on overcoming obstacles to make sure projects deliver maximum benefit to investors, landowners, energy users and the planet. Grab a download and check it out! #solarpower #renewableenergy #solarenergy #powergeneration

AMPYR Solar Europe, in partnership with the Echt-Susteren Energy Cooperative, has completed its latest solar project in the Netherlands. The 13.2MWp Groensebos solar park in the village of Maria Hoop, part of the municipality of Echt-Susteren, will meet the energy needs of 3,960 homes in the region, while also saving almost 5,300 tonnes of carbon emissions annually. The Groensebos solar park not only will provide clean power to the local community, but also test the feasibility of an important agri-PV project, growing blueberries – which will be contributed to a local community care farm – under the solar panels. Following the completion of the Hoeve de Ruif solar park last year, this is AMPYR Solar Europe's second project in the Echt-Susteren municipality. Well done, team! 🌞🌞🌞 #renewableenergy #solarenergy #netzero

Exciting news from AMPYR Solar Europe, which is supporting VW Kraftwerk in decarbonizing its vehicle fleet and effecting its European Energy Transition. AMPYR Solar Europe has a 7+ GW solar portfolio in development across Germany, the Netherlands and United Kingdom, and boasts in-house capabilities spanning the entire solar power production project lifecycle, from land acquisition, permitting and development, construction, operation and power commercialisation of solar plants. Well done, team! 🌞🌞🌞 #renewableenergy #solarenergy #netzero

The International Energy Agency has just published its annual renewables report, providing forecasts for the deployment of renewable energy technologies in electricity, transport and heat to 2030, while also exploring key challenges facing the industry and identifying barriers that are preventing faster growth. Check out the report via the link, but here are some highlights: • Global renewable capacity is expected to grow by 2.7 times by 2030, surpassing countries’ current ambitions by nearly 25% • Solar will account for 80% of global renewables growth by the end of this decade, thanks to declining costs, shorter permitting timelines and increased social acceptance • The E.U. and U.S. are both forecast to double renewable capacity growth between 2024 and 2030, while India is fastest-growing among large economies • Renewables are expected to account for almost half of global electricity generation by 2030, with the share of wind and solar PV doubling to 30% • Renewable electricity use in the transport, industry and buildings sectors accounts for more than three-quarters of the overall rise in forecasted global renewable energy demand