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Home / News / UK’s Hive Energy completes first phase of £72m solar parks
UK’s Hive Energy completes first phase of £72m solar parks
30.11.2012  
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http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/solar/uks-hive-energy-completes-first-phase-of-72m-solar-parks.html

 

UK-based Hive Energy has finished the pre-construction development of nine solar parks, worth £72m and totalling 60MW in capacity.

 

The solar parks vary in size from three to 15MW and will be located throughout theUKincluding Hampshire, Oxfordshire,SomersetandDevon.

The company hopes that its sizeable £72m injection will ensure the parks are finished and connected to the national grid before April 2013, when the government's Renewable Obligation (RO) support for large-scale solar is cut.

Giles Redpath, CEO of Hive Energy, said, 'The government has set a challenging opportunity for the delivery of 22GW of solar photovoltaic generation by 2020 and I am pleased to announce Hive Energy's contribution to this target.

'As we are at around only 1.3GW of solar photovoltaic (PV) now, I urge the Government to be cautious about reducing the Renewable Obligation Certificates incentive too quickly or deeply so that we can continue to drive towards their 22GW target in a sustainable, planned and deliverable way.'

 


 
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