Cambridge-based Sitec Infrastructure Services, a major service provider to the renewable energy markets, is looking for farmers, landowners and those with large roofs who want to reap the financial benefits of solar energy.
The company, which has many years experience in the renewables industry, recently diversified its portfolio by forming a partnership with Lumicity, a firm which is seeking to finance £200million of solar PV systems on roofs and land across southern England and Wales; and East Anglia.
Chris Evans, Director at Sitec, is excited by the possibilities. “The solar market is moving forward very quickly. The drive for renewables is now backed up by the introduction of the Feed in Tariffs for the production of renewable energy which make ‘solar farms’ a real opportunity for landowners with the right sites.
“This type of development has not been viable in the UK until now, but with improvements in the solar panel technology, coupled with the Feed in Tariff, the timing of this opportunity is absolutely crucial when the tariff rates are at their highest.”
Sites of between 10-15 hectares are attracting rents of around £60-70k a year for 25 year leases and according to Chris the ideal patch of land is “anything from four acres upwards, flat, not overlooked and of relatively low agricultural. Good access to three-phase power is also needed for Grid connection.”
Thanks to its new partnership with Lumicity, Sitec is now in an excellent position to help those wishing to take advantage of this opportunity.
“We take on the role of finding suitable sites, acquiring them and obtaining planning permission. Lumicity finances the installation at no cost to the land owner and then provides the building user with a discount on their electricity.”
Anyone with suitable sites should contact Chris Evans at Sitec’s Cambridge offices for further details. www.sitec-is.co.uk
