Chinese solar developer and EPC firm SPI Solar will co-develop 25MW of sub-5MW sites in England and Wales.
The company will work with RE Projects Development on the sites in South Wales, the south east Midlands and the north of England.
According to SPI, all the projects will be completed, connected and sold by the third quarter of 2015. Because they fall below the 5MW cut-off point for support under the renewable obligation (RO), which kicks in next month, they will be eligible to receive 1.3ROCs. They will also be eligible for the feed-in tariff (FiT).
“We are pleased to announce another significant partnership to develop PV projects in the UK, one of the strongest PV markets globally,” said Xiaofeng Peng, chairman, SPI. “Given investors' interest in these attractive projects due to their eligibility to receive FiT and 1.3ROC incentives, this partnership further cements SPI's footprint in this core market, and brings additional diversification to our global PV business.”
The companies claimed that they will add additional projects to their pipeline as they find new sites.