Introduction
Pathfinder Clean Energy (PACE), a UK-headquartered international developer of utility scale solar and battery storage projects has achieved planning on a 21MWp solar park in Norfolk.
The project will provide enough power for the equivalent of 6,800 UK households and will reduce CO2 emissions by 4,900 tonnes annually. The project will have the ability to co-locate energy storage and maybe constructed either with tracker technology or more traditional fixed tilt.
The PACE project, known as Three Bridges, is located seven miles north-east of Dereham and construction will soon commence for completion by the summer (2021).
PACE currently has a development pipeline of over 1GW of solar projects in the UK, Canada and Spain, and has recently started work in Poland.
PACE was co-founded by Rob Denman and Alex Ross in 2017. The company has since grown to a senior executive team of four people – all with extensive experience in the clean energy/renewables sector, both in the UK and overseas – and a wider international development team. Its development office is in Bristol.
Alex Ross, Director of PACE Developments in the UK said: ‘PACE is delighted to achieve planning on the Three Bridges project, despite the challenges of lockdown. It’s our lead project in our initial 300MW UK pipeline that we intend to construct before the end of 2022.”
Rob Denman, Managing Director of PACE, said: ‘This is a great milestone for PACE and we look forward to moving into construction on this project. This is the first of the three projects making up our lead UK portfolio totalling 67MWp that should enter construction in mid-2021. As our activities and developments in Canada, Spain and Poland also advance then our team looks forward to bringing our experience and capital to these and further markets through the year ’.
About Pathfinder Clean Energy (PACE)
Pathfinder Clean Energy (PACE) is an international clean energy developer and investor established in 2017 and currently operating in Spain, Canada and the UK and with ongoing business development in other growth markets.
PACE’s team brings over 40 years and 1GW of experience from across the asset cycle – from development to financing, construction and operation.
PACE uses the latest cloud-based proprietary technology to collaborate across global markets and projects to enable its projects to deliver competitive power prices under PPAs or bids into government auctions.
PACE’s understanding and management of the complete life cycle of a project provides a route to deploying capital at scale and across multiple international clean energy markets..
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For communications related to this announcement:
Paul Taylor, Taylor Keogh Communications – +44 (0)20 8392 8250 / paul@taylorkeogh.com
For general enquiries about Pathfinder Clean Energy::
Pathfinder Clean Energy – Contact: Ben Chippendale
Tel +44 (0)20 7127 4542
press@pathfinderce.com
