Engineering consultancy OST Energy has worked with the Royal Bank of Scotland (RBS) and Lightsource Renewable Energy to bring a 6.3MW floating solar photovoltaic project to financial close.
The project, located on the Queen Elizabeth II reservoir in west London, provides electricity to Thames Water under a power purchase agreement with Lightsource.
OST Energy acted as technical advisor to lender RBS, providing a range of due diligence services.
The Queen Elizabeth II facility comprises more than 23,000 PV panels mounted on 61,720 individual floats. Lightsource will operate and maintain the site for the lifetime of the project.
Image: Thames Water
OST supports solar floater
Consultancy provided technical advice on 6.3MW project in west London
By EBS