UK 200MW solar portfolio contract negotiated by European Energy
Danish developer European Energy (EE) has teamed up with North Yorkshire's Norstar to build 200MW of new projects in the UK after winning permission for one of its largest ever solar farms.
This is to be split between 12 Yorkshire, North East and Lincolnshire solar PV farms, with Norstar looking for rural farmland for production. Norstar's owner, Rufus Salter, said the ideal sites will require at least 50 acres of land with a minimum lease of 30 years.
Last June, the developer completed a 103MW solar farm in southern Italy, the country's largest to date, and intends to invest EUR 800 million (£730 million) over the next five years in solar projects. EE currently has a 16 GW production pipeline, divided between 11 GW of PV, 150 MW of battery storage and 5 GW of wind projects, and aims to create a new renewable capacity of 750 MW by 2021 and a further 1 GW of projects by 2022.
The group also obtained approval in October for the development of a 300MW solar farm in the municipality of Aabenraa, Denmark, which upon completion, will become the largest solar energy project in northern Europe.
Daniel Badcock, European Energy Managing Director, said Norstar's awareness of local opportunities makes the business a "ideal partner to align our capacity for development with those seeking ethical, long-term income from land diversification."