Info
Info
News Article

Low Carbon Develop UK’s Largest Community-owned Solar Park

News

Matthew Grimwood, partner at TLT

TLT has advised Low Carbon Ltd on the development of a 19MW community-owned solar park, agreeing a deal with social enterprise Low Carbon Hub for its first subsidy-free solar project.

TLT has supported Low Carbon from inception through to agreeing a deal with Low Carbon Hub in connection with the Ray Valley Solar Park in Arncott, Oxfordshire.

The site is anticipated to comprise 45,000 solar panels, with planning approval also granted for battery storage. Once built, it will be the largest community-owned solar park in the UK, generating 18GWh clean electricity per year.

Low Carbon secured planning permission for the subsidy-free solar park in May 2020 and will remain involved in the construction and long-term management of the site on behalf of its new social enterprise partner.

The multi-disciplinary TLT team was led by real estate partner Matt Grimwood and corporate partner Kay Hobbs, with support from banking partner Gary Roscoe, planning legal director Fergus Charlton and solicitors Andy Brown and Scott Harding.

Matt Grimwood, partner at TLT, says:

“We are pleased to have supported Low Carbon on another market leading transaction. The changes in energy demand means local, flexible generation is critical to aid the transition as the UK integrates more renewable power into the mix. This site presents a great opportunity to demonstrate the potential of the coordinated use of local generation, storage and demand in decarbonising the energy system.”

Mike Rutgers, Head of Development at Low Carbon, says:

“We're delighted to be supporting renewable generation and energy storage at a local level and are excited about our partnership with Low Carbon Hub on this project.

“Once complete, the park will form part of one of the most ambitious smart grid trials ever conducted in the UK and is just one of the many exciting projects we have in our pipeline for the coming year.

“I'm grateful to TLT for their support with this transaction. Their knowledge of the clean energy sector and ability to provide a full end-to-end service was a real asset to us throughout the process.”

UK'S Largest Battery Ready To Balance The Grid
Power Roll Trials Solar PV To Power Up Himalayan Villages
SOLARWATT Links With Easy Roof To Provide Building-integrated PV For Better-looking Buildings And Smart EV Charging
Tandem PV Devices Feel The Heat
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
Encore Energy Supports Green Homes Grant Scheme
TLT Advises Innova Energy On £30m Refinancing Of 57 MW Solar Portfolio
TLT Advises Santander On 30MW Flagship Battery Storage Project
Sonnedix Named ESG Global Solar Power Generation Sector Leader By GRESB
FRV And Harmony Energy To Develop Second UK Utility Scale Battery Project
Everoze Creates Skyray To Design And Engineer Great Solar PV Projects
FIMER Powers UK Largest Rooftop Solar Project
Sunstore Solar Launches WattGrid, A New Range Of Turnkey Off-grid Power Systems
New Innovation Set To Change Renewable Energy Market
Low Carbon Develop UK’s Largest Community-owned Solar Park
Ingenious Invests In Electric Vehicle Charging Firm
Habitat Enerdy Enters Balancing Mechanism With Largest Battery
Solar Power As Rental Offer Launched By Aggreko
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Schneider Electric Reopens Telford Electrical Safety Training Centre
NextEnergy Capital Acquires Its First Asset In Portugal 17.4MWp Solar PV Project
Sharp Launches New 440W Half-cut Cell PV Panel
UK Green Tech Company Myenergi To Double Workforce By 2021

Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array