Queequeg Renewables announce major UK solar and battery pipeline
- Posted: 15 Febbraio 2023
- Investment Solar Energy
The solar projects, which range in size from 10 to 50 MW, will be subsidy-free and powered by PPAs.
The battery pipeline comprises schemes ranging in scale from 20 to 480 MWh and will deliver capacity and grid balancing services to the grid.
Projects are planned in England, Scotland and Wales with the company intending to initially build and operate a number of the assets. All projects have grid offers and land agreements in place and it is Queequeg’s plan to bring further renewables projects into the portfolio.
The pipeline is the culmination of more than a year’s work by Queequeg, which has built a strong development team countrywide with key hires from across the renewables industry and more roles to follow.
The venture is led by company founders Gabriella Palla and Daniele Stiglitz, each of whom brings almost two decades of development experience in Italy, where they have delivered significant wind, solar and biomass projects with a range of partners.
Their initial tranche of projects has funding in place, with the company keen to speak to new partners for future schemes.
From the President
“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”Gabriella Palla President, Queequeg Renewables
Commenting on the pipeline, company director Gabriella Palla said:
“We were attracted to the UK by its clear regulatory environment and the country’s drive towards increased renewable generation.
“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” Palla concludes.
The solar projects are being designed with single-axis trackers technology and bifacial crystalline modules to optimise land use and reduce their footprint.
Storage systems will be implemented alongside the solar projects to combine renewable generation with flexible output, providing stability and frequency response to the grid.