Limejump and Bluefield Solar Income Fund sign PPA

Flexibility aggregator Limejump has signed a short-term Power Purchase Agreement (PPA) with Bluefield Solar Income Fund. Limejump will manage the power sale for four solar farms owned by Bluefield, using its Virtual Power Platform (VPP).

The VPP consists of cloud-based software, a smart box, analytical ability, operations and trading platforms, a commercial/billing platform and customer portal. It enables trading and provides data, allowing for increased asset control. Therefore energy generators are able to better balance intermittent renewable assets and better meet demand.

Limejump’s vice president of sales, Joe McDonald said that the company is delighted to be working with Bluefield.

“This latest PPA agreement, with one of the country’s leading renewable investment funds, highlights our ability to work with different types of asset owners, as well as different generation types and sizes across the full energy spectrum.”

Bluefield’s group finance director, Neil Wood said: “We were impressed with what Limejump had to offer. They were competitively priced and being a part of Shell, are a strong and credible counterparty. We are delighted to welcome Limejump as one of our PPA off-takers.”

Bluefield remains one of the UK’s largest solar companies, with a combined installed power capacity of more than 465MW peak.