Taiyo Sells 42-MW Welsh Solar Project to Infinis

• Taiyo Power and Storage sells 42MW Welsh solar project to Infinis, boosting UK's renewable energy goals and highlighting strategic industry shifts.

Taiyo Power and Storage, a collaboration between Kajima Partnerships and Low Carbon Alliance, has sold a 42-megawatt solar project in Wales to Infinis Solar Developments Limited. The project is shovel-ready, indicating it is prepared for immediate construction. This transaction marks a significant step in the renewable energy sector, highlighting the ongoing interest and investment in solar power infrastructure.

Infinis Solar Developments Limited, the buyer, is expected to advance the project, contributing to the UK's renewable energy goals. The sale underscores the strategic moves by companies to optimize their portfolios and focus on core competencies in the evolving energy market.

What impact will Infinis Solar's acquisition have on the UK's renewable energy goals?

• Accelerates progress towards the UK's target of net-zero carbon emissions by 2050.
• Increases the share of solar energy in the UK's renewable energy mix, diversifying energy sources.
• Enhances energy security by reducing reliance on fossil fuels and imported energy.
• Supports local economies through job creation during the construction and operational phases.
• Encourages further investment in renewable energy projects by demonstrating market viability.
• Contributes to the UK's commitment to international climate agreements and goals.
• Promotes technological advancements and innovation in solar energy infrastructure.
• Strengthens the UK's position as a leader in renewable energy development and sustainability.