Portugal-based Martifer Solar, a subsidiary of Martifer SGPS, has unveiled a new pipeline of 100 MW of solar PV projects in development in the U.K.
New portfolio consists of utility-scale projects ranging from 5 MW to 26 MW in various stages of development.
The company said in a statement that the projects, which are expected to complete by 2015, are spread across the United Kingdom in the south, Nottinghamshire, Midlands and South of Wales region.
Martifer Solar’s recent achievements also include the previously announced Planning Consent approval for 11 MW Rydon Farm and the newly attained Planning Consent for Francis Court. Located near Exeter in Southwest UK, Francis Court is a 4.2 MW project, for which the company is planning to sell its project rights. Additionally, the projects being developed within the new 100 MW portfolio will be sold to third party investors once they are ready to build.
Henrique Rodrigues, CEO of Martifer Solar, said, “This new 100 MW pipelines of projects in development within the UK establish our footprint firmly in the global PV market. Driven by our strategic objectives, Martifer Solar is reshaping its core business into a world-class solar Developer across our geographies.”
With the expected transition in the UK market from ROCs (Renewable Obligation Certificates) to a CfD (Contracts for Difference) application system in April 2015, Martifer Solar remains confident about the utility-scale market in the country, the company said.
There is great public support for the switch to renewable technologies in the U.K, with support for technologies such as solar PV at 85 percent as per the latest polling data from the Ministry of Climate Change in the country.