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Roythornes advises on first CfD solar park
Roythornes Solicitors has advised on the Charity Farm solar park in Shropshire the first solar project to be connected to the grid under the Contracts for Difference (CfD) scheme.
The specialist renewables team advised the site’s landowner on the scheme’s impact on their existing operations and the terms of the option agreement and subsequent lease.
Charity Farm solar park was developed by Lightsource and is expected to be the only CfD project that will go live, after other projects to have received a CfD have either collapsed or are facing significant delays.
Commenting on the project, Roythornes’ partner and renewables specialist Edd Johnson said: “This project is a significant achievement for all those involved and we are delighted to have played a part. Ensuring the land arrangements are in order is a vital component in securing the long-term viability of the scheme.”
The 11.94MW solar farm was completed with £8.7 million of funding from The Royal Bank of Scotland, and EPC firm Biosar Energy collaborated with Lightsource to connect it to the grid.
Power generated by the site is to be purchased by Axpo UK as part of a seven-year agreement worth £7.5 million.