Solar Growth Limited was founded in 2013 to fund the develop and acquisition of UK solar assets, both ground-mounted and roof-mounted, and it has raised over £45m of capital to fund these activities.
To date*, it has developed or acquired nearly 37MW of UK solar assets, and has reduced emissions of carbon by c. 173,500 tonnes.
|Capacity (kW)||Lifetime (kWh)||kg CO2eq / kWh (Coal)||kg CO2eq|
|Commerical Rooftops (31 systems)||3,560||4,463,569||0.9||4,017,212|
|Tonnes based on coal||173,510,44|
|*as at December 2020|
Solar Growth Limited is based in central London and has an experienced board of renewable technology professionals who oversee the governance and strategy of the Company.
The assets are managed by Armstrong Capital Management, a renewable power developer and asset manager with experience of managing over 500MW of solar plants.
Background to the solar business:
Solar Power assets have long-term, predictable cashflows and a low, fixed-cost base.
Our assets all benefit from Renewables Obligation Certificates (ROCs). The Renewable Obligation places responsibility on UK electricity suppliers to source an increasing proportion of the electricity they supply from renewable sources. It is the main support mechanism provided by the UK government for commercial scale renewable power generation the UK.
ROCs are sold through Power Purchase Agreements (PPAs) to electricity suppliers to demonstrate they have met their obligations, alongside the sale of the electricity produced.
Attractions of the solar business sector
Investments in this sector are underpinned by long-term contracts and tangible assets.
The ROC subsidy provides a secure 20 year income stream which is straightforward to forecast and typically rises with inflation.
Proven technology with demonstrable track record of stable, predictable returns.
To date*, we have developed or acquired nearly 37MW of UK solar assets, and reduced emissions of carbon by c. 173,500 tonnes.
8 ground mounted solar plants
35 commercial rooftop solar plants
About Solar Growth Limited
Solar Growth Limited was founded in 2013 to fund the develop and acquisition of UK solar assets, both ground and roof-mounted, and to date* has raised over £45m of capital to fund these activities.Find Out More *as at December 2020