Hanwha Q CELLS has teamed up with AGRenewables (AGR), to power up a 24.3 MW PV power plant for Ingenious Clean Energy in record-time. Despite severe weather conditions, the park in Stowbridge, Cambridgeshire, England, was constructed and grid-connected ahead of the changes in ROC at the end of March.
AGR, a UK renewable energy developer specializing in utility scale PV and medium scale wind, led the project development of the Stowbridge project. Hanwha Q CELLS was in the lead for supplying its premium “Engineered in Germany” PV modules as well as construction and delivery of the PV park under an EPC contract. Ingenious Clean Energy is part of the financial services group Ingenious, and will sell the clean electricity from the PV Park under the 1.6 ROCs scheme which was in place in the UK until 31 March 2014.
Sebastian Speight, MD of Ingenious Clean Energy, said: “Putting the Stowbridge PV Park in operations ahead of the changes in ROC´s scheme was one of our top priorities – and quite a challenge given the heavy rainfalls in the initial constructions stages. Thanks to the full commitment and outstanding work of Hanwha Q CELLS and AGR the Power Plant was grid connected on time and has since been delivering very attractive and reliable yields.”
Oliver Breidt, one of the founders and co-owners of AGRenewables, commented: “Together we can deliver fast and reliable development and EPC capabilities as well as attractive LCOE.” The competitive LCOE (levelized cost of electricity) of the power plant are a consequence of its low BOS (balance of system) cost, low running cost and best in class yields.
“The Stowbridge project underlines that investors can rely on Hanwha Q CELLS to deliver complete power plant solution services and reliable ROI – even in challenging conditions” said Frank Danielzik, Hanwha Q CELLS’ Vice President Development/Sales & EPC.