Trinasolar ISBU Acquires a 50% Stake in Bicker Fen Solar Project, as part of a JV Agreement with AGR Renewables

London, UK – 29 April 2024

Trinasolar International System Business Unit (ISBU), a global leading total solutions provider for clean energy, is pleased to announce the acquisition of a 50% share in the Bicker Fen solar project located in Lincolnshire, UK. The Bicker Fen solar project, developed by AGR Renewables, a renowned player in the renewable energy sector, is poised to redefine the landscape of hybrid energy systems.

This project, boasting an impressive capacity of 49.5MWp solar and a 100MWh battery storage system, represents a significant milestone in Trinasolar ISBU’s commitment to advancing sustainable energy initiatives in European Region. This strategic partnership between Trinasolar ISBU and AGR Renewables remarks the beginning of a collaborative journey towards pioneering innovative solutions for renewable and reliable energy generation.

"This acquisition underscores our dedication to driving the transition towards renewable energy," said Leonardo Lotti , Head of EMEA Region in Trinasolar ISBU. "We are thrilled to join forces with AGR Renewables to harness the potential of the Bicker Fen project and demonstrate the viability of hybrid energy systems in meeting the growing demand for sustainable power."

The parties aim to collaborate on a pipeline of projects in the future. Leveraging Trinasolar ISBU's expertise in solar technology and energy storage solutions and AGR Renewables proficiency in development and financing, these projects aim to deliver reliable and efficient energy solutions to businesses and communities across the UK.

"We are excited to team up with Trinasolar ISBU on the Bicker Fen project and beyond," said Oliver Breidt , Managing director of AGR Renewables. "This partnership underscores our shared commitment to driving innovation and sustainability in the energy sector, and we look forward to delivering impactful results together."

With a mutual focus on environmental stewardship and technological innovation, Trinasolar ISBU and AGR Renewables are poised to lead towards a net-zero journey. The Bicker Fen solar project serves as a testament to their collective vision of transforming the energy landscape and fostering a cleaner, brighter tomorrow for generations to come.

About Trinasolar ISBU

Trinasolar ISBU, a business unit of Trinasolar, is a utility-scale global solar power and battery storage solutions developer for international markets. With more than 15 years of professional experience and track records in project development, financing, EPC and O&M, Trinasolar ISBU is committed to being a global leader in the development and management of smart renewable energy solutions and creating value for local stakeholders and international investors. We are active in more than 20 countries and regions, including but not limited to the USA, UK, Italy, France, Greece, Spain, Japan, Colombia, Mexico, Chile, Peru, Australia, South Korea, Vietnam, Malaysia, Philippines, Cambodia, Brazil, Poland, Germany, Hungary, Croatia.

Contact us: ISBU@trinasolar.com

About AGR Renewables

AGR Renewables is a leading renewable energy and agriculture infrastructure developer with a proven track record of delivering large-scale solar, onshore wind, energy storage, and sustainable farming infrastructure across UK with a commitment to renewable energy projects that tackle the global issues of energy security and climate change. Our fully integrated business includes three main streams of work: project development, construction management turnkey delivery as well as asset management.

Contact us: info@agr-group.co.uk