Kajima, LCA to establish GBP 150m of solar, storage projects in UK

• Pan-European genuine possession capitalist Kajima Europe has joined forces with net-zero consultancy Low Carbon Alliance Ltd (LCA) to co-develop a portfolio of solar and also battery storage projects throughout the UK with an initial build-out worth of GBP 150 million (USD 204m/EUR 176m).

The two companies have actually released a joint endeavor called Taiyo Power & Storage Ltd to pursue the development of ground-mounted solar parks, hybrid solar-plus-storage projects as well as stand-alone battery storage setups in England, Scotland and also Wales. According to the announcement, Kajima as well as LCA also have a fully-funded rooftop solar offer for the general public and private sectors.

LCA's role will certainly be to offer functional management solutions such as website source, land settlement, grid consultancy, preparation and also project advancement.

Kajima Europe is the European branch of Japan's Kajima Corp (TYO:1812).

A couple of weeks back, Kajima Europe and exclusive equity investor Griffin Real Estate revealed they have actually taken control of Polish clean energy firm PAD-RES through a newly-created renewables JV. The Polish firm has investments in solar as well as wind projects at different stages of innovation, both in the development phase and ready to construct, that surpass 500 MW of complete ability.