Conergy Group’s subsidiary, Wirsol Solar UK has acquired a portfolio of rights to solar projects in the country with a combined potential capacity of 166MWp, from British renewable energy developer Lumicity.
The projects are currently at various stages of development and have a potential build value of approximately £200m ($340m).
Lumicity chief executive officer Tristan Fischer said, "Partnering with Conergy is great news for Lumicity’s customers and will ensure the projects will be built quickly and to the highest standards."
Conergy will also construct new 21MWp power plant in the suburbs of Bristol, the largest city in south-west England.
The 21MWp power plant, which will be built by Conergy UK & Ireland, is expected to produce enough electricity to power the equivalent of 3,750 homes.
Over the expected 25-year lifetime, the plant would avoid carbon dioxide emissions of close to a quarter of a million tons.
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By GlobalDataA revenue share agreement with the local community over the same period will generate funds for local causes of up to GBP450,000 ($770,000) in today’s money.
Conergy global COO Alexander Gorski said, "Lumicity has a strong record in the development of renewable energy projects, and the deal supports both Conergy’s power plants strategy and the expansion of its international pipeline."
