Under the PPA, ElectroRoute will provide route-to-market and optimisation services for the Hanningfield project and will trade its power for the course of the agreement.
June 10, 2026
Energy investor Gülermak Renewables has signed a 10-year power purchase agreement (PPA) with energy trading firm ElectroRoute for a 49.5MW solar PV project in Essex. 
Under the PPA, ElectroRoute will provide route-to-market and optimisation services for the Hanningfield project and will trade its power for the course of the agreement. 
The project has a Contract for Difference (CfD) in place as well as the PPA with ElectroRoute. It was awarded the CfD in Allocation Round 7 (AR7), which closed in January. Gülermak bought the site in 2025 from Cell Energy, marking its entry into the UK solar market. 
“This PPA is an important marker on our journey to becoming a major owner and operator of renewable assets across Europe,” said Gülermak chief executive Türkekul Doğan. “In less than two years we have acquired a pipeline of more than 650 MW of solar, wind and battery schemes in the UK, Poland and Germany, and have assembled a growing team of expert staff covering the whole energy development value chain.”
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The company bought a 19.3MWp ready-to-build PV project in West Sussex last week and acquired a 49.9MW energy storage project in Scotland from RES last October. 
Caoimhe Giblin, co-CEO of ElectroRoute, said the agreement with Gülermak “demonstrates the trust placed in our expertise in energy trading and risk management.” 
ElectroRoute – a subsidiary of the Mitsubishi Corporation – entered the UK renewables and energy storage market in September 2024, having established itself in energy trading, optimisation and risk management in its native Ireland. 
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Will Norman
Senior Reporter, Informa
Will is a senior reporter who primarily covers the policy and geopolitics behind the energy transition, with a particular focus on manufacturing. 
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