Martifer Solar has announced that it is has a 100MW pipeline of projects in development in the UK.
The Portuguese integrated PV EPC firm claims that the new portfolio will be completed by early 2015. The portfolio will be solar to third part investors upon completion.
Henrique Rodrigues, CEO of Martifer Solar, said that the new portfolio of projects in the UK is helping the company “reshape its core business” as the company aims shore up its position as a developer across various global solar markets.
João Cunha, director of Martifer Solar UK, added: “We have already proven our capabilities with almost 110 MW of utility-scale projects completed within a year, and we are looking to double this capacity for the next year, maintaining a strong and dynamic growth in the UK market.”
The portfolio consists of solar farms ranging in size from 5MW to 26MW, located in the South, Midlands and Wales. The new projects build on the company's previous UK pipeline of 78.4MW in 2014.
The UK solar market is predicted to be Europe’s largest solar market in 2014. However, the continued growth of the utility-scale market is under threat after the government announced plans to remove renewable obligation (RO) support for projects over 5MW from April 2015. Martifer Solar believes that the transition from the RO support scheme to contracts for difference (CfDs) in April 2015 will be smooth, remaining confident about the performance of the UK utility-scale solar market. The company points to governmental polling data which shows that 85% of Brits support the deployment of solar in the UK as cause for optimism.