October 18 (Renewables Now) - UK energy technology firm Limejump on Thursday unveiled a short-term power purchase agreement (PPA) with UK solar investor Bluefield Solar Income Fund Ltd (LON:BSIF).
The fixed-price deal will see Limejump take over the management of power sales for a portfolio of four of Bluefield’s photovoltaic (PV) plants through its virtual power platform (VPP).
Part of oil giant Royal Dutch Shell (AMS:RDSA), London-based Limejump used cloud-based software and advanced trading strategies to create a VPP that aggregates energy generation and storage assets. Its goal is to provide 100% renewables power supply by linking renewable energy power plants, batteries and demand response.
Bluefield Solar invests in UK solar assets, mainly in the utility-scale sector. The installed capacity of its portfolio now exceeds 460 MWp, the company says.