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Queequeg Renewables has revealed plans to build 1.3GW of solar farms and 2GWh of battery storage across the UK.
The London-based renewable developer said it has secured land rights and grid connection agreements for the entire pipeline and will begin seeking planning permission over the coming weeks and months.
The solar projects range in size from 10MW to 50MW and will be built without subsidies, instead relying on power purchase agreement to provide stable revenues.
The battery storage projects range in size from 20MWh to 480MWh and will be used to provide balancing services to the power grid such as frequency response.
Queequeg said it already has funding in place for the initial projects, which it intends to build and operate itself, but is seeking new partners for later projects.
The company was founded in 2018 by Gabriella Palla and Daniele Stiglitz, who each have almost two decades of experience developing wind, solar and biomass projects in Italy.
“We were attracted to the UK by its clear regulatory environment and the country’s drive towards increased renewable generation,” said Palla.
“We believe that developing flexible assets – including standalone battery storage and combined solar and battery schemes – will play a vital role in accelerating the net zero transition, through mitigating grid congestion and delivering more stable prices.
“It will be vital for us to develop strong and positive relationships in the communities in which we operate through ensuring that each project we develop is built to the very highest ecological principles.”
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