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.
At the end of March this year, support under the renewable obligation (RO) scheme for projects over 5MW will close. SPI's projects, all under the 5MW mark, will be eligible to receive 1.3ROCs. They will also be eligible for the feed-in tariff (FiT). Projects over 5MW that miss the deadline will have to compete in the contracts for difference auctions.
“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 UK pipeline as they find new sites.