The Green Investment Group (GIG) and Enso Energy are working together in a joint venture to develop an extensive pipeline of solar and battery projects in the UK.
The partnership, announced on 29 June, will look to create one of the UK’s largest subsidy free solar and battery storage portfolios. A pipeline of projects, currently in development in England and Wales, have already been identified representing an initial 1GW of capacity. The projects have been grid secured and submitted for planning approval. The solar farms will be backed by power purchase agreements (PPA), providing predictably priced power to UK businesses while reducing their carbon footprint.
Many projects will use newly available tracking and bifacial solar technology, ensuring the energy produced per hectare is maximised and physical footprint of each project is reduced. By combining solar farms with battery storage, the GIG said they will be able to offer more flexible output, address demand during peak periods, and provide auxiliary services and stability to the grid to facilitate increased levels of renewables on the system.
Ed Northam, Head of GIG Europe, said: “The UK’s solar market holds huge potential to create green jobs and help the UK get closer to its aim of becoming a net zero economy. By combining GIG’s deep technical and financial capabilities with Enso’s highly experienced development team, our partnership has the skills and expertise to unlock that potential, bringing low-cost, low-carbon power to communities right across the UK.”