Close Menu
  • News
  • Industry
  • Solar Panels
  • Commercial
  • Residential
  • Finance
  • Technology
  • Carbon Credit
  • More
    • Policy
    • Energy Storage
    • Utility
    • Cummunity
What's Hot

Common Energy will build 16 MW of community solar to benefit the Chicago nonprofit

June 9, 2026

Qair reaches financial close on Britain’s first solar PV project

June 9, 2026

Abu Dhabi’s solar self-sufficiency framework marks a shift towards energy intelligence

June 9, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Solar Energy News
Tuesday, June 9
  • News
  • Industry
  • Solar Panels
  • Commercial
  • Residential
  • Finance
  • Technology
  • Carbon Credit
  • More
    • Policy
    • Energy Storage
    • Utility
    • Cummunity
Solar Energy News
Home - Energy Storage - Qair reaches financial close on Britain’s first solar PV project
Energy Storage

Qair reaches financial close on Britain’s first solar PV project

solarenergyBy solarenergyJune 9, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

French independent power producer (IPP) Qair has secured debt financing for the 46.51 MWp Brecks Solar Farm in Nottinghamshire.

This is the IPP’s first UK project to reach financial close, with construction expected to begin this month. Commercial operations are expected to commence in the second quarter of 2027.

Engineering, procurement and construction (EPC) contractor INTEC Energy will carry out the construction of the project as well as the operation and maintenance (O&M) work for two years.

The project delivered a Contract for Difference (CfD) in the seventh round contracts awarded to a record number of 76 different developersof which 20 secured more than 100 MWp. Qair was among the companies that secured more than 100 MW with almost 190 MW of solar PV capacity across four PV projects, securing CfD in the latest round.

Senior debt financing for the project was obtained from German bank BayernLB.

Manuel Balseiro, head of supply and finance at Qair UK, said: “As our first project to reach this stage, Brecks lays a strong foundation for our growing UK development pipeline and marks the first milestone in our long-term commitment to delivering sustainable energy infrastructure that supports the UK’s transition to a cleaner and safer energy system.”

Related:Ex-Ripple Energy assets are managed by direct impact investment platform Ethex

Furthermore, in addition to building its first solar PV project in Britain, Qair has also made progress on its portfolio of battery energy storage systems (BESS). Last year the IPP obtained planning permission for two BESS projects, both in Scotland: The 49.9 MW Middleton Farm energy storage facility in Aberdeenshire last July and the 342 MW Red Moss BESS project in South Lanarkshire in October 2025.

See also  how battery storage projects can flourish in Germany – SPE

In total, the IPP has more than 5GW of solar PV, wind and BESS projects in its UK development pipeline.



Source link

Britains close financial project Qair reaches solar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
solarenergy
  • Website

Related Posts

Common Energy will build 16 MW of community solar to benefit the Chicago nonprofit

June 9, 2026

Abu Dhabi’s solar self-sufficiency framework marks a shift towards energy intelligence

June 9, 2026

UK solar developers response to supply chain constraints

June 9, 2026
Leave A Reply Cancel Reply

Don't Miss
Policy

Treasury Department Announces Final Rules for Low-Income IRA Bonus Loans

By solarenergyJanuary 8, 20250

On January 8, the US Treasury Department and the IRS announced the figures final rules…

Fraunhofer presents Solar Module Cleaning Tech with the help of structure-transferred sound

April 30, 2025

Mobile PV-powered EV charging stations for commercial and industrial locations – SPE

October 24, 2024

New multi-hotspot detection technology based on Lab* feature descriptor – SPE

January 9, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Common Energy will build 16 MW of community solar to benefit the Chicago nonprofit

June 9, 2026

Qair reaches financial close on Britain’s first solar PV project

June 9, 2026

Abu Dhabi’s solar self-sufficiency framework marks a shift towards energy intelligence

June 9, 2026

UK solar developers response to supply chain constraints

June 9, 2026
Our Picks

Common Energy will build 16 MW of community solar to benefit the Chicago nonprofit

June 9, 2026

Qair reaches financial close on Britain’s first solar PV project

June 9, 2026

Abu Dhabi’s solar self-sufficiency framework marks a shift towards energy intelligence

June 9, 2026
About
About

Stay updated with the latest in solar energy. Discover innovations, trends, policies, and market insights driving the future of sustainable power worldwide.

Subscribe to Updates

Get the latest creative news and updates about Solar industry directly in your inbox!

Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2026 Tsolarenergynews.co - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.