Developer of Renewable Energie Aura Power has protected the building permit for two PV energy plants in England.
Aura Power received permission at the end of March for the 49.9 MW Moreton Brook Solar PV energy plant, located near Newton in East Staffordshire, at the end of March. According to Aura Power, this project will yield a net profit of 102% in the area, as well as creating a community benefit fund of £ 20,000 a year for the life of the project, for a total of £ 700,000.
More recently, the 30 MW Marsh Farm Solar PV energy plant, located near Wormtham and Palgrave in Mid Suffolk, was awarded a building permit earlier this month. The Marsh Farm Project received a unanimous approval from the committee, after he had received 51 support letters from the local residents and gathered praise from councilors for her thoughtful and well -considered design.
According to Aura Power, this project yields a community fund of £ 12,000 a year, with a total of £ 420,000 that the community enters during the life of the project. The developer also offers educational sessions with local schools and takes students at locations to demonstrate the importance of solar energy.
Simon Coulson, CEO of Aura Power, said that the company is ‘proud’ to have protected the building permit for the projects. The company is currently ready to build a 585 MWP pipeline.
This is the last success in what has been a strong start of 2025 so far for Aura Power. In February of this year, Aura Power announced that it had protected a £ 33.1 million financial package from Rabobank to develop the 40 MW Burtree Lane Solar PV EnergieCentrale, based in Darlington, County Durham. This is the second project that Aura Power was financed via Rabobank, after he has protected a £ 44 million project financing facility via Rabobank in October 2024 to build the 49.9 MW Kemble Solar Farm, located near Cirencester, Gloucestershire.
The company celebrated significant victories in the most recent CFD allocation round, AR6, which took place in September 2024. The developer concluded contracts for 175 MW in four permission in Solar projects in the UK, which were free at an exercise price of £ 50.07 per MWH.