International PV system provider, Conergy, has completed 68MW of large-scale PV in the first three months of the year.
Following on from last week’s announcement that it had installed 39MW in the UK for investor Primrose Solar, the company said it had completed 100% of the seven projects it was planning in the UK in the first quarter of the calendar year.
The completion of the projects by the end of March means they will qualify for the higher Renewable Obligation Certificate (ROC) level. The ROC is the UK’s subsidy programme for large-scale renewables and the level for solar fell from 1.6 to 1.4 on 1 April.
Apart from the four Primrose Solar projects, Conergy said it had completed a 19MW project in Wiltshire, developed by Wirsol Solar UK, itself owned by Conergy, and sold to the Bluefield solar fund. The other two were built for unnamed customers. Conergy will operate and maintain all sites.
The company said it was now targeting 200MW of new PV by the end of this year.
Andrew DePass, partner at Kawa Capital Management, which bought Conergy last year, said: said: “Solar as an asset class is expanding in many countries but good regulation and a strong and innovative financial sector are helping create a robust UK market for long-term investors. Supported by our acquisition of Wirsol Solar UK, Conergy is well placed to respond to this demand with a strong position in large-scale plant development, EPC and O&M.”
The first quarter of this year has seen developers operating in highly challenging wet and muddy conditions.
However, according to recent analysis by market research firm NPD Solarbuzz, the UK saw record first quarter installs. Japan and the UK jointly accounted for one-third of total global demand in the first three months of the year, the company said.