Wigton Energy Limited (“WIG”) has advised that an Addendum to the Wigton Windfarm Limited (Wigton I) Generation Licence, 2023 has been executed between the Minister of Science, Energy, Telecommunications and Transport (“Minister”) and WIG effective November 21, 2024. The Addendum now provides for the generation of electricity under the Licence utilising solar power instead of wind power. There has also been agreement on renaming the Licence to the Wigton Energy Limited Generation Licence, 2023.
The change from wind power to solar power reflects the recognition by the Minister, and other key stakeholders, of the need to ensure the lowest cost of energy to rate payers, which may be achieved through the installation of solar technology.
With the execution of this Addendum, WIG will continue its negotiations with the relevant key stakeholders in an effort to replace its 20.7MW wind energy generation facility with a solar energy generation facility.
Below is a Press Release on the above: