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UK Rooftop Solar PV Receives £125 Million Boost For 2015


Europe’s leading solar energy company, Lightsource, officially affirms its commitment towards UK rooftop solar PV deployment by announcing a dedicated investment of over £125 Million for 2015. The company has established an unrivalled track record within the UK solar industry, deploying over £1.5 Billion in just four years. Demonstrating a ferocious appetite for development, Lightsource is firmly on track to become the first solar company to reach a 1 Gigawatt operational portfolio of assets in the UK by the end of March 2015.

Nick Boyle, CEO of Lightsource comments: “Over the last few months, Lightsource has worked persistently to address the barriers to rooftop solar deployment. The biggest breakthrough has been our midscale solar power purchase agreement (PPA) which is praised for its simplicity by end users and installers alike. This has enabled a significant pipeline to emerge and therefore we are able to affirm our commitment of £125 Million, allocated specifically towards rooftop solar projects.

“Now that we have allocated the funds, relationships with installers will be key in realising our ambition. Therefore, we are keen to seek out these partnerships and work with local supply chains. 30 installer firms have already signed up with us and I would like to see that double in the next couple of months.”

 

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