The Anonymous Widower

Foresight, Island GP To Build 700 MW Of Zero-Subsidy Solar In UK

The title of this post, is the same as that of this article on Renewables Now.

This is the two opening paragraphs.

UK infrastructure and private equity investment manager Foresight Group LLC has set up a joint venture (JV) with solar project developer Island Green Power to work together on a UK pipeline of close to 700 MW.

The companies plan to jointly develop five projects in England and Wales, Foresight said on Thursday. The schemes will be implemented without any subsidies.

Surely, what is significant, is that this joint venture, appears to be viable without subsidy.

Who’d have thought that the UK would be able to have this amount of solar power, without government or taxpayer support?

The cost of solar must be dropping like a stone!

October 24, 2020 - Posted by | Energy, Finance |

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