A substantial solar energy development in Oxfordshire has changed hands to a company based in China.
Chint Solar has acquired the 49.9-megawatt Burcot Energy Park in South Oxfordshire from development company Ethical Power.
The buyer operates as the European renewable energy division of the Chint Group, also known as Zhengtai Group, which established itself in 1984 and maintains its global headquarters in Zhejiang, China.
The firm is Chinese-owned.
The installation spans 140 acres and integrates photovoltaic electricity generation alongside battery energy storage capabilities.
Annual electricity output will be sufficient to meet the needs of approximately 18,000 households.
Ownership transfer concluded in late 2025.
Financial terms of the transaction remain undisclosed.
Mark van Rij, serving as country manager for the United Kingdom at Chint Solar, commented that the purchase demonstrates the organisation’s dedication to developing and delivering multi-technology infrastructure assets throughout Britain that contribute to grid stability and resilience.
He expressed appreciation to Ethical Power for the seamless partnership and shared confidence throughout the acquisition process.
All necessary planning consents have been secured.
Chint Solar will proceed with advancing the development through to the construction phase.
The facility is anticipated to connect to the electricity network during 2027.
The location represents the inaugural project in England to receive classification as grey belt development under recently introduced national planning frameworks.
Stuart Whiteford, holding the position of chief development officer at Ethical Power, stated that completing the transaction with a dependable partner such as Chint Solar brought considerable satisfaction, and the organisation looked forward to ongoing collaboration as assistance continues for Chint in progressing the development to completion.
He noted that the efficient execution of both planning and sale processes for Burcot Energy Park reflected the standard of the company’s development capabilities and the outcomes produced through productive joint working, extending congratulations to the personnel from both organisations who contributed to finalising the agreement.