Skip to main content

NextEnergy begins commercial operation at two subsidy-free solar farms in U.K.

April 05, 2021

PV Tech:

Solar investor NextEnergy Capital has energised two new subsidy-free solar farms in the UK, claiming one of these – a 75MWp asset in south Wales – to be the largest constructed PV plant in the country.

Llanwern – which is located in Newport, Wales – takes up c.260 acres spread across three separate parcels of land. Total investment in the asset came to c.£43 million, and it was connected to the local distribution network in March 2021.

At 75MWp, Llanwern edges just ahead of the Bradenstoke Solar Farm, developed by British Solar Renewables and acquired by Bluefield Solar Income Fund earlier this year, which had previously laid claim to being the largest operational solar site in the UK at 69.8MWp. Both sites will, however, be dwarfed by the Cleve Hill Solar Farm, which could have an operational capacity upwards of 350MWp when complete, having received development consent last year.

The second solar farm to be energised – the 40MWp Strensham asset in Worcestershire – was constructed and energised in seven months. Strensham covers c.141 acres split across two parcels of land, with a total investment of c.£25 million going into the asset.

Both projects were financed by the Santander Group, which provided a non-recourse funding structure. This, NextEnergy said, gave it the flexibility to build additional subsidy-free projects and further proved its ability to manage construction and operations of innovative solar assets on a significant scale.

[Alice Grundy]

More: NextEnergy claims new UK solar farm record as subsidy-free portfolio completes

Join our newsletter

Keep up to date with all the latest from IEEFA