London-based Magnetar Solar has competed acquisition of 71MW pipeline of solar photovoltaic (PV) projects from Solarcentury.

Solarcentury has also been selected by Magnetar for the construction of a further 40MW of capacity.

The 71MW Solarcentury pipeline comprises four sites from 7MW to 28MW. The 40MW Magnetar pipeline is also made up of four projects.

Magnetar Solar director Alan Shaffran said: "The government’s goal to increase the UK’s solar energy capacity and decrease its dependence on fossil fuels has made solar an extremely attractive market.

"We’re pleased to be partnering with Solarcentury to expand our solar energy portfolio and construct worthwhile solar projects such as these to help boost the UK’s solar industry."

All the 111MW of projects are planned to be completed in time to receive 1.4ROCs under the Renewable Obligation (RO) scheme.

Solarcentury CEO Frans van den Heuvel said: "With eight sites already under construction, the close working relationship we are forming with Magnetar Solar is a win-win for both companies and supports the urgent need to develop renewable energy sources to improve the UK’s energy independence."

As the principal engineering, procurement and construction (EPC) contactor, Solarcentury will be responsible for operation and maintenance services for all the projects.