Recurrent Energy, a subsidiary of Artes Solar, announced that it has sold its 42.5MWp Higher Witheven PV project in Cornwall, England, to an undisclosed infrastructure investor.
the project has implemented the grid connection authority and is expected to be completed in the fourth quarter of 2027. at the same time, it also holds the CfD agreement locked by AR7 in the seventh round of the UK contract for difference tender in January this year.
the power station is located in lunceston. after completion, the annual power generation will exceed 46GWh, which can supply power to more than 17000 households. Recurrent to Energy’s calculation, it can reduce carbon dioxide emissions by more than 8100 tons per year.
The company said that this transaction fully reflects the unabated investment enthusiasm of the British market for signed long-term contract photovoltaic assets, and also reflects the advantages of its own development platform. It will continue to expand its market layout in the UK in the future.
