UK develops 1GW unsubsidized

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Published by Mars July 09,2020

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The cooperation between Green Investment Group and Enso Energy aims to create the UK's largest unsubsidized "solar + battery energy storage" 5kw solar panel system price for home project to provide clean energy to communities and businesses across the UK.
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Since the initial project has received grid guarantees and submitted planning approval, Green Investment Group and Enso Energy have begun virtual community consultations to fully consider the opinions of relevant local communities. Enso Energy's official website lists 7 photovoltaic projects with a total capacity of about 350MW. Although each project mentions battery energy storage, it did not disclose the specific capacity. These projects under development will be distributed in England and Wales, and have signed a power purchase agreement (PPAs), which will provide UK companies with predictable electricity prices, and will also help reduce the carbon footprint of these companies.

Edward Northam, director of Green Investment Group, added that GIG originated in the UK and is the world's first green investment bank. It has grown into a global green energy giant and will continue to be firmly committed to accelerating the UK's transition to a green economy. The UK solar market has tremendous potential for creating green jobs, which will help the UK gradually achieve its net zero economic goal. The deep technical and financial capabilities of the Green Investment Group are combined with Enso Energy’s experienced development team. This collaboration will use its expertise to unlock potential and bring low-cost, low-carbon power to communities across the UK.
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Another important aspect of these newly planned projects is that they will give priority to providing a range of resources for local wildlife, greatly improving the biodiversity of each project location. Specifically, Green Investment Group and Enso Energy will conduct a biodiversity net income assessment for each development project to assess the effectiveness of each project.