Lightsource Renewable Energy has spotted an “exciting new growth opportunity” in the Dutch solar market, the company announced this week, as it unveiled the latest phase of its international expanion plans.
A new Netherlands-based team will now set about developing large-scale solar projects across the country, including floating solar projects, in an effort to help Holland meet its 2020 renewable energy targets, Lightsource said.
Under EU goals, the Netherlands has to supply 14 per cent of its energy from renewable sources by 2020 – a target Lightsource CEO Nick Boyle said represented a great opportunity for the firm.
“The Dutch solar market is an exciting new growth opportunity for Lightsource,” he said in a statement. “With our extensive expertise, Lightsource is ideally placed to assist in the delivery of this target. Our financing and track-record, alongside our experienced local Dutch management team who will lead the business, puts us in the perfect position.”
It follows Lightsource’s expansion earlier this year into North America and Asia, where the solar developer is pursuing large scale solar and storage opportunities.
In related news, the UK’s leading solar trade body, the Solar Trade Association (STA), is on the hunt for a new chief executive, it announced this week.
Current CEO Paul Barwell announced plans to step down earlier this summer, and recruiters Igloo3 are now leading the search for his successor.
Barwell admitted his decision to leave the STA was a hard one, but said he plans to remain within the industry with plans to pursue some “commercial interests” in the market.
“It has been a real privilege to support the growth of a unique and special technology that is so vital for a prosperous future,” he added.