Solarcentury has sold its 71MWp pipeline of solar PV projects to Magnetar Solar. It will also build an additional 40MWp of projects for the investor company.
The portfolio developed by Solarcentury and sold to Magnetar Solar consists of four sites ranging from 7MWp to 28MWp. The companies have also signed agreements for the construction of four sites from Magnetar Solar’s existing portfolio totalling 40MWp.  All of the projects are expected to be constructed by the end of March 2015 and receive subsidy of 1.4 Renewables Obligation Certificates.