Unlocking Solar Potential: How Recent Policy Changes and Third-Party Funding are Revolutionising Solar Projects

Introduction

In a significant step toward streamlining the grid connection process for smaller Distributed Generation projects in England and Wales, Ofgem has approved a key modification, CMP446, to the Connection and Use of System Code (CUSC). This change raises the threshold for requiring an Evaluation of Transmission Impact Assessment (TIA) from 1MW to 5MW, enabling faster connections for small-scale energy projects.

The Significance of CMP446

The CMP446 modification is a game-changer for the renewable energy sector. By raising the threshold for requiring a Transmission Impact Assessment from 1MW to 5MW, the reform significantly reduces the bureaucratic hurdles and time delays associated with connecting smaller Distributed Generation projects to the grid. This means that where fault current isn’t an issue, that small-scale solar projects can now be connected more quickly and efficiently, accelerating the transition to a cleaner energy future.

Benefits for Small-Scale Solar Projects

For small-scale solar projects, the CMP446 reform offers several key benefits:

  • Faster Grid Connections: With the increased threshold, projects under 5MW can bypass the lengthy TIA process, resulting in quicker grid connections.
  • Reduced Costs: Avoiding the TIA process also means lower costs for project developers, making small-scale solar projects more financially viable.
  • Increased Feasibility: The reform makes it easier for energy projects and other small-scale initiatives to get off the ground, promoting local renewable energy generation and sustainability.

Projective’s Third-Party Funding Solution

At Projective, we are committed to helping our clients take full advantage of the CMP446 reform. Our third-party funding model removes the upfront cost barrier, enabling businesses and organisations to deploy solar energy solutions without the need for significant capital investment or lengthy capital approval program delays. Here’s how we can help:

  • Connect Faster: Under the new 5MW threshold and without capital application delays, our clients can benefit from faster grid connections, allowing them to start generating clean energy sooner.
  • Fully Funded Solutions: We provide fully funded renewable heat and power solutions, eliminating the need for upfront costs and making renewable energy accessible to more organisations.
  • Long-Term Savings: We offer capital financing that meets your needs. Consult with our expert finance team to develop the custom solution to suit your requirements.

Conclusion and Call to Action

The CMP446 reform represents a significant opportunity for the renewable energy sector, particularly for small-scale solar projects. At Projective, we are ready to support businesses and organisations in leveraging this reform to accelerate their transition to clean energy.

Contact us today to learn more about our third-party funding solutions and how we can help you take advantage of the CMP446 reform.

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