- Cero Generation, with its UK development partner, Enso Energy, to start construction of its first subsidy-free utility-scale solar PV project in the UK
- This marks the first project in the partner’s +1 GW development to reach financial close and move into construction
- Cero has one of Europe’s largest solar PV development portfolios with more than 370 projects under development
Cero Generation (Cero) – with its UK development partner, Enso Energy (Enso) – has achieved financial close and will shortly start construction of Larks Green Solar Farm, its first UK-based subsidy-free utility-scale solar PV project, located in south Gloucestershire, England.
The project will be constructed by Gransolar Group and the operational phase will be led by Ingeteam. Cero will play an ongoing role providing construction management services to the project. Debt financing was provided by Rabobank, which was arranged by Macquarie Capital.
Once operational, Larks Green will have a generation capacity of approximately 64 GWh annually, capable of powering the equivalent of more than 17,300 homes with clean electricity and avoiding over 23kt of CO2 emissions per year. It will also deliver a biodiversity net gain, achieved through the provision of a range of resources for local wildlife including additional woodland planting. The woodland will provide shelter and food for a range of notable and protected species.
Martina Flanagan, Cero’s UK Development Director Cero said:
“The start of construction at Larks Green, is a milestone that solidifies Cero’s credentials in the UK’s solar market. By combining Cero’s specialist expertise with Enso’s track record in project development, we’re delivering market-leading projects that are critical to the UK’s net zero future and we look forward to celebrating this milestone with many more assets in the future.”
Ian Harding and Andrew King, co-founders of Enso Energy said:
“Our ambition is to use the latest solar technology to make a positive impact on the country and communities we work with. It is imperative that we shift the economy to a low-carbon footing, the way we create energy has got to change. Larks Green Solar Farm is just the start of things to come from our partnership.”
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About Enso Energy
Enso Energy is one of the UK’s most experienced renewable energy developers with an ‘unparalleled focus’ on solar energy.
Enso’s team of experts have a deep understanding of the energy industry and how to meet the requirements of a fast-moving sector. With a background in large scale renewable energy, the team have developed out over 1500 MW of distributed energy projects.
Enso Energy believes that it is only with the support of the people most affected by renewable energy development that we can keep the lights on. That’s why Enso’s expert team is honest, considerate and diligent with an ambition to use the latest solar technology to make a positive impact on the country and the communities it works in.
To find out more visit: www.ensoenergy.co.uk