Stow-based solar specialist, Freewatt has announced plans to add another 8,300 solar modules to its 1.14MW solar development at its Danes Farm development.
The further 2MW of capacity will treble the solar array’s size at a cost of around £2.5 million. The 15 acres of required land for the extension will continue to be grazed by the farm’s sheep.
The proposals mark another leap forward in the company’s continuing commitment to green energy across Lincolnshire. Freewatt is already responsible for 5MW of solar capacity across the county in over 600 locations. The proposed extension will add a further 40 percent of the county’s solar capacity in one stroke.
Explaining the planned extension, Freewatt MD Julian Patrick, said: “Medium and large scale solar PV is once again incredibly attractive.
“The hardware costs have reduced to such an extent that the incentives available through the feed-in tariff or Renewable Obligation Certificate schemes mean that returns on investment of 10-14 percent per annum can be achieved.
“We are now in another time of golden opportunity to invest in medium and commercial scale solar projects. Our existing Conergy power plus installation has proven to be very productive. We chose to use premium German Conergy modules, which has meant that even though we have had one of the worst Summers in UK history we are still 7% above our annual generation target.”
The proposals mark another leap forward in the company’s continuing commitment to green energy across Lincolnshire. Freewatt is already responsible for 5MW of solar capacity across the county in over 600 locations. The proposed extension will add a further 40 percent of the county’s solar capacity in one stroke.