The race to develop utility scale projects in the UK continues, with the latest cross-Atlantic move into the market coming in the form of sPower and Cambornes partnership. sPower, with headquarters in Salt Lake City, and Londons Camborne announced today that they intend to deploy projects under the UKs three subsidy programs.
Camborne has been an active participant in the UK solar market, sharing sPowers commitment to demonstrating honesty and transparency in all business activities — which made them a natural target partner for our expansion into northern European markets, said Ryan Creamer, CEO of sPower.
The firms will deploy projects under the Renewables Obligation Certificate (ROC), the Feed in tariffs and the Contract for Difference programs. The utility scale market segment is expected to continue to grow strongly until April 2015, when the ROC scheme is set to be changed. Under current proposals, PV power plants larger than 5 MW will be excluded from the ROC program.
Despite the threat of significant changes in the near future, Camborne Energy Group CEO Declan Mackle said that the company was optimistic about the possibilities of working with sPower. We couldnt 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, said Mackle.
Camborne has developed 100 MW of projects in the UK since 2012.