Tuesday 6 December 2011

FITs shambles forced developer behind world's largest solar farm out of the UK

The company behind the world's largest solar PV farm looked at expanding into the UK before changes to renewable energy subsidies forced it to abandon the project.

First Solar's director of customer relations, Tom Kosnik, speaking exclusively to edie energy at his company's Sarnia solar farm in the Canadian province of Ontario said the UK was not right for renewable investment at the moment.

Founded in 1999 and based in the United States First Solar has spread across the world investing in a host of projects.

But Mr Kosnik explains First Solar initially invested heavily in Spain and now 'doesn't like to talk about that'.

He said: "We were then looking at the UK and there were a lot of positives to investing there, from a shared language to a growing solar PV market.

"But this was a few months ago and we then got wind of planned changes to the FIT and we had to forget about the UK."

The UK's loss is certainly the Canadian province of Ontario's gain as First Solar has developed what is claimed to be the world's largest solar farm.

http://www.edie.net/news/news_story.asp?id=21466

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