90 MW pipeline in UK: Conergy set to construct first batch of solar farms
Hamburg / Milton Keynes, UK
Conergy developed the portfolio, which totals nine solar farms representing 90 MW, together with UK partner Camborne Energy. As part of the sale of the pipeline, Conergy secured the exclusive engineering, procurement and construction rights (EPC rights) for the entire portfolio of solar power plants. As the general contractor, Conergy will be responsible for the project management process, which includes planning, design, construction and component supply as well as the maintenance and management of the solar farms. The solar power plants earn revenue from power purchase agreements (PPAs) at a typical rate of 5 pence per kilowatt hour, 33% of the average UK retail price of electricity.
Source: IWR Online, 22 Nov 2013