01 May '14, 9am

UK Set to Lead Europe's Utility-Scale Solar Market in 2014

UK Set to Lead Europe's Utility-Scale Solar Market in 2014

With more than 120 utility-scale solar PV projects recently receiving project-planning approval — many of which are targeting completion within the next 12 months — according to the new NPD Solarbuzz U.K. Deal Tracker report, by the end of April more than 325 solar PV farms in the megawatt class will have already been completed. More than 60 different sites have an installed capacity in excess of 10 MW. An additional 444 large-scale ground-mounted solar PV farms are currently at various stages of planning in the U.K. Furthermore, in addition to the opportunities arising from the multi-gigawatt pipeline of projects yet to be built, a thriving secondary market has developed for completed solar PV farms, SolarBuzz says. Based on recent acquisitions of completed solar farms, the U.K.’s existing solar farm portfolio is valued at approximately £2.5 billion ($4.2 billion). Explai...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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