Yingli completed the delivery of approximately 40,000 PV modules at the end of February. These modules will be installed on the Isle of Sheppey, which is located approximately 85 kilometers east of London. The project will produce approximately 10,000 MWh of electricity per year, enough electricity to supply around 3,000 typical homes.
"With roughly 2.5 GW of solar capacity in place in the UK, the country is set to become the largest solar market in Europe," said Liansheng Miao, chairman and CEO of Yingli Green Energy. "We believe that solar can make a meaningful contribution to the country's target of 15% renewable generation by 2020 and beyond."
The plant is being acquired by the Bluefield Solar Income Fund, which has acquired GBP140 million of large scale solar assets in the UK since July 2013 and is advised by Bluefield Partners LLP.