GS Utilities Daily: UK maintains AR7 strike prices for AR8 auction // Nordex group secures 700 MW turbine orders in Germany

Research evidence excerpt

GS Utilities Daily: UK maintains AR7 strike prices for AR8 auction // Nordex group secures 700 MW turbine orders in Germany

Goldman Sachs GS Utilities Daily

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UK maintains AR7 strike prices for AR8 auction

The UK government is keeping administrative strike prices for renewables in the

upcoming Allocation Round 8 (AR8) at AR7 levels. The bid ceilings remain at £113/MWh

for fixed-bottom offshore wind, £271/MWh for floating and deepwater offshore wind,

£92/MWh for onshore and remote island wind, and £75/MWh for solar. Solar and

onshore wind will be split into separate bidding pots, and fixed-bottom offshore wind

will be placed into its own dedicated pot. Source: Renews

Nordex group has secured 700 MW turbine orders in Germany

At the end of June, the Nordex Group received orders totalling around 700 MW from the

wind and solar park developer UKA. The orders cover 100 N175/6.X and N163/6.X

turbines with a rated capacity of 7 MW for several projects across various German

federal states. In addition to the turbine deliveries, the orders include comprehensive

service and maintenance agreements over several years to ensure the long-term reliable

and efficient operation of the turbines. Source: Press Release

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