Canadian Solar Inks 1.4GW UK PV Pipeline Deal

Canadian Solar has signed a project development agreement with Windel Capital to co-develop 1400MW of solar projects in the UK.

Under the agreement, Windel will deliver 1.4GW of early-stage solar projects under development through to ready-to-build status with Canadian providing funding, support, and the procurement of power purchase agreements.

The first projects are expected to reach ready-to-build stages in the second half of 2021.

Windel is investigating the suitability for several of these to have battery storage co-located.

The company said it secured the 1.4GW pipeline of projects over the course of 18 months.

Windel Capital managing director Gary Toomey said: “We are very excited to be working again with Canadian Solar after transacting with them on a 10MW feed-in-tariff / community interest project in Wales.

“Canadian Solar is a perfect fit for us as we both share common goals and objectives.

“We are also looking forward to building long term sustainable relationships with our landowner clients and to co-deliver clean and affordable solar energy.”