Post-subsidy UK market pulls in Danish investor for 500MW solar-storage pipeline

January 9, 2020
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Clayhill, a recently completed subsidy-free UK project. Image: Anesco.

A new joint venture between a UK-based asset manager and a Danish renewables investor has been signed to fund a 500MW solar and storage pipeline in the UK.

Armstrong Capital Management will collaborate with European Energy A/S to bring forward the pipeline of utility-scale power projects, becoming the latest investors to join the momentum building behind Britain’s subsidy-free renewables market.

European Energy had invested in UK renewables before, and project director Thorvald Spanggaard said the company had been keen to re-enter the market “for some time now”.

Read the full story at PV Tech.

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London, UK
Now in its second edition, the Summit provides a dedicated platform for UK & Ireland’s BESS community to share practical insights on performance, degradation, safety, market design and optimisation strategies. As storage deployment accelerates towards 2030 targets, attendees gain the tools needed to enhance returns and operate resilient, efficient assets.

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