Next Energy buys another 67MW of solar PV


Next Energy Solar Fund has acquired 10 solar farms with a total capacity of 66.8MW for £42.2m.

The plants, located in the South West, take NESF’s operating portfolio to 689.4MW.

Six of the solar farms earn 1.6 Rocs, the remainder earn Fits between 7.71p/kWh and 10.34p/kWh. All were connected to the grid between 2012 and 2014.

The portfolio comprises:

·     Hook (1.6 ROC, 15.3 MWp, Somerset)

·     Whitley (1.6 ROC, 7.6 MWp, Somerset)

·     Saundercroft (1.6 ROC, 7.2 MWp, Devon)

·     Blenches (1.6 ROC, 6.1 MWp, Wiltshire)

·     Burrowton (1.6 ROC, 5.4 MWp, Devon)

·     Raglington (1.6 ROC, 5.7 MWp, Hampshire)

·     Chilton Cantello (FiT – 10.34p/kWh, 5.0 MWp, Somerset)

·     Crossways (FiT -10.34p/kWh, 5.0 MWp, Dorset)

·     Wyld Meadow (FiT -8.01p/kWh, 4.8 MWp, Dorset)

·     Knockworthy (FiT – 7.71p/kWh, 4.6 MWp, Cornwall)

The fund said it continued to pursue further acquisitions and expects to announce more buys in the coming months.

Related stories:

Next Energy snaps up two more solar farms

Next Energy buys 22MW of solar farms

17% of UK solar capacity ‘to be sold within 12-18 months’

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