Greencoat Capital has acquired Canadian Solar 's 42 MW of UK solar portfolio , taking its stake in the UK market to approximately 470 MW and making it one of the largest asset owners in the country . While other Chinese based solar companies were also active in site acquisition most, like Renesola for example, were forced to flip as early as possible to bolster ailing cash flows back at HQ,” he said. The portfolio is made up of 24 sites across the UK with seven eligible under the feed - in tariff scheme and the remaining sites eligible for the Renewable Obligation Certificate scheme ( ROC ) . Canadian Solar is the most effective downstream model of Asian - based investors in UK solar under the ROC scheme , said Finlay Colville , head of Sun Media 's market research division .
Greencoat Capital has acquired Canadian Solar 's 42 MW of UK solar portfolio , taking its stake in the UK market to approximately 470 MW and making it one of the largest asset owners in the country . The portfolio is made up of 24 sites across the UK with seven eligible under the feed - in tariff scheme and the remaining sites eligible for the Renewable Obligation Certificate scheme ( ROC ) . Canadian Solar is the most effective downstream model of Asian - based investors in UK solar under the ROC scheme , said Finlay Colville , head of Sun Media 's market research division .