Feb. 28, 2014 - Martifer Solar, a subsidiary of Martifer SGPS, is building a 78.4MWp portfolio of photovoltaic plants in the United Kingdom. The utility-scale combined capacity consists of five plants, which are located in the counties of Cambridgeshire, Devon, Nottingham and Swindon.
Following the successful completion of the first round of the previously announced 50MW in development, Martifer Solar has sold one of these projects located at Spittleborough Farm and entered into an EPC agreement with Lightsource Renewable Energy to construct four additional projects, which aggregate the 78.4MWp cluster. All five PV plants will be added to the Lightsource asset management portfolio in the UK and Martifer Solar will be retained under an operation and maintenance (O&M) contract to ensure the optimal performance of the plants.
"We are proud to continually enforce our commitment to the development of solar energy in the UK, and with a strong partner in Lightsource Renewable Energy, Martifer Solar has emerged as a leading global player in this market," said João Cunha, Country Manager of Martifer Solar in the United Kingdom. "We have been very active developers in the UK market and are looking forward to a continued healthy pipeline of utility-scale projects in development to be ready to build throughout 2014 and early 2015."
Kareen Boutonnat, Managing Director for Lightsource Renewable Energy stated, "With the largest development pipeline in the UK, we have to ensure we build on relationships with our trusted EPCs like Martifer Solar who already have significant experience developing and constructing solar farms in the UK. This local knowledge is vital in ensuring our solar farms are constructed to a high standard and in a responsible nature, respecting the local communities."
The five PV plants consist of 308,418 modules in total installed in ground-mounted fixed structures, across a total area of about 155 hectares. The total portfolio of plants will generate around 69.05GWh of clean energy each year. The plants will produce equivalent energy to supply the average consumption of 38,815 inhabitants and will offset the emission of approximately 31,582 tons of CO2 annually.
"This achievement of delivering the largest project in the UK expresses our consistency and leading role in the PV market," said Henrique Rodrigues, CEO of Martifer Solar. "Revenues wise, 2013 was one of our best years and 2014 is forecasted to be even stronger for Martifer Solar, with further milestones anticipated across the world due to our proven capabilities as a fully-integrated player in key markets, such as in the UK."