sPower, Camborne partner to develop utility-scale solar projects in UK

Sustainable Power Group (sPower) and Camborne have entered into a partnership to develop and acquire utility-scale solar projects in the UK.

sPower said that the UK continues to be a growth market for utility-scale solar photovoltaic (PV) projects.

Both the firms will deploy significant capital under the UK’s Renewables Obligation Certificate (ROC), the Feed-In Tariff (FIT) and Contract for Difference (CfD) programs.

The utility scale market segment is anticipated to increase until April 2015, when the ROC scheme is due to be modified.

As per the existing proposals, PV power plants larger than 5MW will be removed from the ROC program.

Since 2012, Camborne has old over 100MW of large-scale ground mounted solar projects in the UK.

sPower CEO Ryan Creamer said: "The formation of the strategic alliance with Camborne allows us to capitalize on their position as a trusted development partner and to contribute further to the growth of renewables generation in the UK."

Camborne Energy CEO Declan Mackle said: "We couldn’t have asked for a better strategic partner than sPower.

"Their proven track record of success under seasoned and deeply-respected leadership, coupled with their aggressive and well-funded plan for gaining market share in the UK and North America, will mesh well with the foundation Camborne has laid."