Low Carbon and Nur Energie support energy security with TuNur large scale solar project

20.10.14

TuNur project will provide clean energy to more than 2.5 million homes, creating double the energy of UK’s nuclear energy output

Renewable energy investment company, Low Carbon and utility scale solar developer Nur Energie, are partnering in the development of their TuNur project. TuNur is a flagship 2GW solar export project in the Tunisian Sahara which will be connected to the European electricity grid via a dedicated cable.

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Lackford Estate Solar Park wins at Solar Power Portal Awards 2014

15.10.14

Low Carbon’s Lackford Estate Solar Park achieved industry recognition by winning the Solar Power Portal Award for best utility scale solar farm >10MW. The award recognises the solar farm whose commercial viability, yield and ROI is matched by its commitment to sustainable development. Lackford Estate Solar Park demonstrated excellence in site selection, minimal visual impact, system design, on-site generation and yield, community engagement, biodiversity and overall project management.

Sited on 87 acres of Suffolk farmland and invisible from nearby roads thanks to woodland boundaries, Lackford Estate is a solar PV development producing 20,168 MWh and annually powering 6,112 homes. The low-lying site runs beside an SSSI; during construction, care was taken to ensure protection of flora and fauna, and adjacent land will continue to be managed in favour of nesting stone curlews. With the location’s layout considered favourable for the development, excellent project management meant a trouble-free delivery; despite severe weather and tight timelines, the site was commissioned on 29 March 2014, just one year after initial discussions.

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Low Carbon appoints new Chief Financial Officer

14.10.14

Low Carbon, the renewable energy investment company, is expanding its senior management team with the appointment of Juan Martin Alfonso as Chief Financial Officer. The move is part of Low Carbon’s strategy to build one of the strongest management teams in the energy investment industry, in order to effectively pursue its long term goal of making a significant and positive impact on the causes of climate change.

Alfonso joins from the AES Corporation, a Fortune 500 global power company with 35 GW of generating capacity and $16 billion in annual revenues, where he spent 12 years in a variety of senior finance roles around the world, including CFO of Europe and the Middle East and EMEA Finance Managing Director.

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Low Carbon begins construction of 8MW East Sussex Solar Park

07.10.14

In the latest expansion of its renewables portfolio, Low Carbon, the renewable energy investment company, has announced the completion of a deal to build a new solar park at Berwick in East Sussex, in collaboration with Macquarie Capital.

The solar park, which will consist of fixed ground-mounted solar PV panels, will have an output capacity of 8.2MW, with annual production being 8,705MWh – enough to power more than 2,300 homes. The clean energy generated will save approximately 3,514 tonnes of carbon equivalent per annum.

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Low Carbon nominated for Solar Power Portal Award

18.09.14

Low Carbon’s Lackford Estate Solar Park has been nominated for a Solar Power Portal Award.

Solar Power Portal is the UK’s leading solar news site. Its awards focus on all areas of the solar industry, celebrating good practice, professionalism, quality, safety and innovation within the sector. They honour 12 companies or projects in total.

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