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Low Carbon to construct three large scale solar farms

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Energy Global,


Low Carbon, a global renewable energy company, has announced the construction of three new large scale solar farms, to be funded through a multi-bank financing facility which aims to construct 1 GW of new solar capacity.

Located in Essex, Derbyshire and Buckinghamshire, the farms will be the first UK projects to receive funding using the business’s multi-bank financing facility from NatWest, Lloyds Bank, and AIB. Announced in September, the facility is targeting 1 GW of solar capacity, as part of Low Carbon’s target to create 20 GW of new renewable energy capacity by the end of the decade. The news follows Low Carbon’s recent announcement of four solar farms totalling 53.1 MW entering construction in the Netherlands.

Construction at Fox Covert Solar Farm, Buckinghamshire, is due to commence imminently, with an intended capacity of 23.4 MW. At its peak, the site will generate enough clean renewable electricity to power the equivalent of more than 7300 homes and provide electricity directly to the local distribution network. Work on the other two sites, at the Inkersall Road Solar Farm in Derbyshire and the St Clere’s Solar Farm in Essex, will begin in early 2023. They will have a capacity of 28.8 MW and 23 MW, respectively.

With a combined capacity of over 75 MW, the three sites represent an important addition to Low Carbon’s growing project portfolio in the UK, Europe, and North America. Once operational, the projects are expected to avoid approximately 16 000 tpy of carbon dioxide equivalent emissions, helping decarbonise the energy sector in line with the UK’s net zero ambitions.

The design and build of all three projects will be delivered by Bouygues Energies & Services, a global leader in energy, digital, and industrial transformation, and will also be nominated for Bouygues Construction’s TopSite label, a new accreditation recognising exemplary operations at construction sites. TopSite is a recognised indicator of all areas of corporate social responsibility (CSR) including health and safety, the environment, human resources, social engagement, quality, and customer satisfaction.

Roy Bedlow, Chief Executive and Founder at Low Carbon, said: “Climate change is a shared global challenge, in which the energy sector plays a major part. Amidst soaring energy prices, the rapid creation of new renewable energy capacity is essential to many UK homes and businesses. We are therefore delighted to be announcing the first three of many UK-based projects financed with the help of NatWest, Lloyds Bank and AIB.

“Only by accelerating the rollout of clean, affordable energy can we fully decarbonise and achieve our shared climate goals. Today’s announcement also marks an important step towards Low Carbon’s own strategic targets of net zero and 20 GW of new renewable energy capacity by 2030.”

Gregory Allouis, Energy Solutions Director at Bouygues Energies & Services, added: “We are delighted to have been selected by Low Carbon for the design and build of these three large scale solar farms, having already delivered a number of high-performance solar farm projects in recent years. This is not only testament to our technical expertise, proven track record in the solar photovoltaics market and strengthening partnership with Low Carbon, but to the core values on sustainability we uphold as well as our strong commitment to supporting clients on their path to net zero in the fight against climate change.”

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global's Autumn 2022 issue

The Autumn 2022 issue of Energy Global hosts an array of technical articles focusing on wave & tidal, waste-to-energy, energy storage, solar technology, and more. This issue also features a regional report outlining how green hydrogen is playing a key role in the renewable transition across Europe.

Read the article online at: https://www.energyglobal.com/solar/05122022/low-carbon-to-construct-three-large-scale-solar-farms/

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